Beer Institute Releases May 2020 Domestic Tax Paid Estimate
WASHINGTON – Today, the Beer Institute published an unofficial estimate of domestic tax paid shipments by beer brewers for May 2020:
The May 2020 estimate is 14,216,000 barrels, a decrease of 6.6% vs. May 2019 removals of 15,216,000.
The Beer Institute is expecting significant revisions for March 2020, April 2020, May 2020, and future months’ estimates 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 |
| YTD | 67,650,325 | 65,764,000 | -2.8% | -1,886,325 |
Please note that the estimates above reflect revised estimates released by the TTB.
The June 2020 domestic tax paid estimate is scheduled to be released on July 30, 2020.
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