Beer Institute Releases October 2020 Domestic Tax Paid Estimate
Today, the Beer Institute published an unofficial estimate of domestic tax paid shipments by beer brewers for October 2020:
The October 2020 estimate is 13,250,000 barrels, an increase of 0.6% compared to October 2019 removals of 13,168,000.
The Beer Institute estimates for the remaining months are expected to see continued revisions as TTB Industry Circular 2020-2 has postponed reporting requirements for filing and payment due dates for up to 90 days.
| Domestic Tax Paid – TTB | ||||
| (31 Gallon Barrels) | ||||
| Month | 2019 | 2020 | Percent Change | Volume Change |
| January | 12,433,513 | 12,423,000 | -0.1% | -10,513 |
| February | 11,430,829 | 11,325,000 | -0.9% | -105,829 |
| March | 14,512,347 | 14,533,000 | 0.1% | 20,653 |
| April | 14,231,974 | 13,500,000 | -5.1% | -731,974 |
| May | 15,216,000 | 13,770,000 | -9.5% | -1,446,000 |
| June | 15,901,000 | 16,600,000 | 4.4% | 699,000 |
| July | 14,820,000 | 15,100,000 | 1.9% | 280,000 |
| August | 14,324,000 | 14,500,000 | 1.2% | 176,000 |
| September | 14,796,000 | 14,800,000 | 0.0% | 4,000 |
| October | 13,168,000 | 13,250,000 | 0.6% | 82,000 |
| YTD | 140,833,663 | 139,801,000 | -0.7% | -1,032,663 |
Please note that the estimates above reflect revised estimates released by the TTB.
The November 2020 domestic tax paid estimate is scheduled to be released on December 22, 2020.
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