Delay of excise tax payment until the due date of the tax return.
The point at which a proprietor establishes the amount of tax due.
When used with respect to the tax on any distilled spirits to be withdrawn from
bond on determination of tax, shall mean that the taxable quantity of spirits has
Tax exempt cider
Cider produced in accordance with 27 CFR 24.76.
A gallon of liquid at 60? Fahrenheit (F) which contains 50 percent by volume
of ethyl alcohol having a specific gravity of 0.7939 at 60? F
referred to water at 60? F, as unity, or the alcoholic equivalent of it.
For Special Occupational Tax purposes: The period from July 1 of one calendar year through June 30 of the following year.
When used with respect to distilled spirits, this term means that all applicable taxes
imposed by law in respect to such spirits have been determined or paid as
provided by law.
Wine on which the tax, imposed by law, has been determined regardless of
whether the tax has been paid or whether the payment has been deferred.
Taxpaid wine bottling house
Premises established under the provisions of 27 CFR part 24, primarily for bottling
or packing taxpaid wine.
Taxpaid wine premises
Premises established under the provision of 27 CFR part 24 on which taxpaid
wine operations (other than bottling) are authorized.
See Taxpaid Wine Bottling House.
An alcoholic distillate from a fermented mash derived from the Agave Tequilana
Weber distilled in a manner so that the distillate has the taste, aroma, and
characteristics attributed to Tequila. It is bottled at not less than 80° proof and it
includes mixtures only of such distillates. This is a distinctive product of Mexico,
manufactured in Mexico in compliance with the laws of Mexico regulating
the manufacture of Tequila for consumption in that country.
Cigarettes, cigars, smokeless tobacco, pipe tobacco, and roll-your-own tobacco.
The degrees Brix of unfermented juice or dealcoholized wine.
Transfer in bond
The removal of spirits, denatured spirits, and wines from one bonded premises to
another bonded premises.
Transferee in bond
Receiver of alcohol shipped from one bonded premises to another. When one proprietor sends a shipment of untaxpaid product to another, the recipient (the transferee) assumes the tax liability under his/her bond.
Alcohol and Tobacco Tax and Trade Bureau.