Beer Institute Releases June 2020 Domestic Tax Paid Estimate
WASHINGTON – Today, the Beer Institute published an unofficial estimate of domestic tax paid shipments by beer brewers for June 2020:
The June 2020 estimate is 16,600,000 barrels, an increase of 4.4% vs. June 2019 removals of 15,901,000.
The Beer Institute estimates for March 2020, April 2020, May 2020 and June 2020 are expecting significant 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 | 11,430,812 | 11,325,000 | -0.9% | -105,812 |
| March | 14,370,000 | 14,300,000 | -0.5% | -70,000 |
| April | 14,200,000 | 13,500,000 | -4.9% | -700,000 |
| May | 15,216,000 | 14,216,000 | -6.6% | -1,000,000 |
| June | 15,901,000 | 16,600,000 | 4.4% | 699,000 |
| YTD | 83,551,325 | 82,364,000 | -1.4% | -1,187,325 |
Please note that the estimates above reflect revised estimates released by the TTB.
The July 2020 domestic tax paid estimate is scheduled to be released on August 20, 2020.
###
More from the Blog
Dispatch from Washington: A Red Wave Few Predicted
Read More
OPINION: CHEERS to football season and new legislation that can boost Nevada’s economy
Read More
The Joy of Beer: Celebrating Responsibility, Moderation, and Community Impact
Read More
Dispatch from Washington: Coming in 2025 – Taxmaggedon
Read More
Dispatch from Washington: A Wild Month in Politics
Read More
Americans name beer as the alcoholic drink of the summer
Read More
What’s in your beer? Brewers lead the way in nutritional transparency
Read More
Inside the Beer Industry’s Commitment to Promoting Responsible Drinking Habits
Read More
