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651,000 Jobs Supported by U.S. Beer Industry to be Lost Due to COVID-19 Pandemic
By year’s end, the COVID-19 pandemic will result in a $22 billion drop in beer sales Today, the Beer Institute, the Brewers Association, the National Beer Wholesalers Association and the American Beverage Licensees released a report from a leading economic firm showing more than 651,000 jobs supported by the U.S. beer industry will be lost by the end of the year due to the COVID-19 pandemic. These job losses include more than 3,600 brewing jobs, 1,800 distributing jobs and 400,000 retail-related jobs.
Beer Institute Poll: Americans Want Congress to Make Tax Relief Permanent for Brewers and Importers, Examine Aluminum Market
As lawmakers head back to Washington for the end of the 116th Congress, a bipartisan majority of Americans agree two beer-related issues are priorities. WASHINGTON—Today, the Beer Institute released the results of its latest nationwide polls, with 63 percent of American voters supporting Congressional action to provide permanent federal excise tax relief for brewers and beer importers. Further, 72 percent support Congress opening an investigation into the American aluminum market.
Beer Institute Releases July 2020 Domestic Tax Paid Estimate
WASHINGTON – Today, the Beer Institute published an unofficial estimate of domestic tax paid shipments by beer brewers for July 2020: The July 2020 estimate is 15,100,000 barrels, an increase of 1.9% vs. July 2019 removals of 14,820,000. The Beer Institute estimates for March 2020, April 2020, May 2020, June 2020, and July 2020 will be revised moving forward as TTB Industry Circular 2020-2 postponed for up to 90 days reporting requirements for filing and payment due dates on or before June 30, 2020.
Beer Institute and Brewers Association file comments highlighting scientific and procedural inconsistencies in Dietary Guidelines Advisory Committee moderate alcohol consumption guidelines recommendations
WASHINGTON – Today, the Beer Institute and the Brewers Association filed written comments with the United States Department of Agriculture (USDA) highlighting numerous scientific and procedural issues that undermine the Dietary Guidelines Advisory Committee’s recommendation to halve the moderate alcohol consumption guidelines for men. “For three decades, the Dietary Guidelines for Americans have defined moderate alcohol consumption as up to one drink per day for women and up to two drinks per day for men.
Comments by Beer Institute President and CEO to USDA and HHS on the Dietary Guidelines for Americans Scientific Report.
Jim McGreevy, Beer Institute president and CEO, delivered the remarks below to representatives from the Department of Agriculture and Health and Human Services on the Scientific Report of the 2020 Dietary Guidelines Advisory Committee: Good morning: I would like to start by thanking you for the opportunity to provide my perspective today.
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.
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.
Beer Institute Releases April 2020 Domestic Tax Paid Estimate
Today, the Beer Institute published an unofficial estimate of domestic tax paid shipments by beer brewers for April 2020: The April 2020 estimate is 13,500,000 barrels, a decrease of 4.9% vs. April 2019 removals of 14,200,000. The Beer Institute is expecting significant revisions for March 2020, April 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.
Beverage Alcohol Industry Calls for Equal Tax Treatment for Imports Amid COVID-19 Crisis to Protect Jobs
In a letter sent April 23 to Secretary of Treasury Steven Mnuchin, U.S. beverage alcohol associations urged the Administration to provide parity in the deferral of federal excise taxes payment for domestic and imported wine, beer and distilled spirits in response to the outbreak of COVID-19. (Click here to view the letter). Earlier this month, the U.S. Alcohol and Tobacco Tax and Trade Bureau allowed all U.S.
Beer Institute Releases March 2020 Domestic Tax Paid Estimate
WASHINGTON – Today, the Beer Institute published an unofficial estimate of domestic tax paid shipments by beer brewers for March 2020: The March 2020 estimate is 14,300,000 barrels, a decrease of -0.5% vs. March 2019 removals of 14,370,000.