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Beer Institute Releases January 2021 Domestic Tax Paid Estimate
Today, the Beer Institute published an unofficial estimate of domestic tax paid shipments by beer brewers for January 2021: The January 2021 estimate is 12,725,000 barrels, an increase of 2.4% vs. January 2020 removals of 12,423,000. Domestic Tax Paid – TTB (31 Gallon Barrels) Month 2020 2021 Percent Change Volume Change January 12,423,000 12,725,000 2.4% 302,000 YTD 12,423,000 12,725,000 2.4% 302,000 The February 2021 domestic tax paid estimate is scheduled to be released on March 24, 2021.
Beer Industry Leaders Celebrate Success of BEERS TO THAT® Nationwide Campaign
Washington, D.C. Today, the Beer Growth Initiative (BGI) announced the success and continued national expansion of the BEERS TO THAT® consumer campaign. The campaign, launched by the Beer Institute (BI), the National Beer Wholesalers Association (NBWA) and the Brewers Association (BA), aims to champion beer as America’s favorite beverage and position beer as the perfect beverage for celebrating life’s everyday wins.
Beer Institute Releases December 2020 Domestic Tax Paid Estimate
WASHINGTON – Today, the Beer Institute published an unofficial estimate of domestic tax paid shipments by beer brewers for December 2020: The December 2020 estimate is 13,800,000 barrels, a decrease of 0.2% compared to December 2019 removals of 13,825,000.
Beer Institute Staff Win Brewbound Persons of the Year
CEO Jim McGreevy and Senior Federal Affairs Director Joe Heaton recognized for excise tax work WASHINGTON – Today, the Beer Institute released the following statement after President and CEO Jim McGreevy along with Senior Director of Federal Affairs Joe Heaton received Brewbound’s “Persons of the Year” award for their work to make the current federal excise tax rates permanent for all brewers and beer importers, preventing a $154 million tax increase to our nation’s beer industry.
Beer Institute Praises U.S. Congress and President Trump for Extending COVID Relief to Millions of Americans
President’s signature helps bring much-needed aid to the economy WASHINGTON – Today, Jim McGreevy, President and CEO of the Beer Institute, released the following statement after President Donald J. Trump signed COVID relief legislation: “The pandemic has decimated the hospitality industry – especially restaurants and bars – and this legislation offers some relief and helps start our economy down the path to the recovery.
Beer Institute Applauds Senate Vote on COVID relief
Senate moves to provide relief for restaurants and bars hit hard by the pandemic WASHINGTON – Jim McGreevy, President and CEO of the Beer Institute, released the following statement after the U.S. Senate passed COVID relief legislation. The House of Representatives passed identical legislation earlier this evening. “This legislation is a first step to helping the bar and restaurant industry recover, but more is needed to help our friends and neighbors who work in the hospitality industry who have been particularly impacted by the pandemic.
Beer Institute Commends U.S. House for Passing COVID Relief
House passage first step in providing critical relief for bars and restaurants WASHINGTON – Tonight, Jim McGreevy, president and CEO of the Beer Institute, released the following statement after the U.S. House of Representatives passed COVID-19 relief legislation: “As bars and restaurants continue to struggle under the weight of the pandemic, this legislation is a first step to providing relief. However, more work is needed to support this critical sector of the economy.
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.
Beer Institute Releases September 2020 Domestic Tax Paid Estimate
WASHINGTON – Today, the Beer Institute published an unofficial estimate of domestic tax paid shipments by beer brewers for September 2020: The September 2020 estimate is 14,800,000 barrels, which is virtually the same as the September 2019 removals of 14,796,000 barrels. The chart below updates the May 2020 estimate of 14,216,000 barrels to a revised estimate of 13,770,000 barrels.
Beer Institute Releases August 2020 Domestic Tax Paid Estimate
WASHINGTON – Today, the Beer Institute published an unofficial estimate of domestic tax paid shipments by beer brewers for August 2020: The August 2020 estimate is 14,500,000 barrels, an increase of 1.2% vs. August 2019 removals of 14,324,000. On September 3, the Alcohol Tax and Trade Bureau (TTB) issued a March 2020 Beer Report. The chart below updates the March 2019 and March 2020 tax paid volumes to match the TTB.