Beer Institute Releases October 2020 Domestic Tax Paid Estimate
Beer Institute Releases October 2020 Domestic Tax Paid Estimate

News & Media

Press Releases

Beer Institute Releases October 2020 Domestic Tax Paid Estimate

November 24, 2020

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.

 

###

The Beer Institute

440 First Street NW
Suite 350
Washington, DC 20001

PHONE: 202-737-BEER (2337)
TOLL FREE: 1-800-379-BREW (2739)
FAX: 202-737-7004

© 2020 Beer Institute :: Legal

 
Simple Share Buttons