EVALUATION OF NEW SYSTEM OF TAXPAYMENT
Proprietors of distilled spirits plants
and others concerned:
The new system under which many of you will pay the tax on distilled
spirits removed from bond will go into effect on April 1, 1966. The comments
of both industry members and government officers concerned have for the most
part been enthusiastic and favorable. The plan does look good; however, many
an architectural design which appeared so wonderful on the drafting board has
not always emerged as a completed structure without alteration and addition.
So it is with the plan set out in Treasury Decision 6877. In order that we
may evaluate the full practical impact of the new system, we hopefully invite
your comments and help. There is one way in which you can be of immediate
assistance; and that is by providing us with an item of information which you
probably will have very readily available. This item is the quantity, in proof
gallons, of bottled and cased controlled stock on hand on control premises at
the end of each return period (beginning with the bottled and cased goods on
hand at the end of March which, as of April 1, 1966, would become controlled
stock under 26 CFR 170.43(g)(1)).
We will appreciate it if you will enter the following information on a
separate sheet (preferably 8" x 10 1/2") for each return period:
"Bottled and cased controlled stock on hand on control
premises as of the close of business for the return
period ending (date):________________ proof gallons."
Please place your plant name and number on each sheet and attach them to your monthly report on Form 2733 when submitted to the Assistant Regional
If you have other information, comments, or suggestions which you believe
may be pertinent to our evaluation of the system, please address them to your
Assistant Regional Commissioner, Alcohol and Tobacco Tax.
Ralph H. Alkire
Alcohol and Tobacco Tax Division