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.