Regulatory and Formal Guidance

Information on 2017 Changes to Bond and Excise Tax Filing Requirements for the Alcohol Industry

As of January 1, 2017, if you are the proprietor of a brewery, distilled spirits plant, or winery owing not more than $50,000 in excise taxes in the previous year, and you expect to owe not more than $50,000 in excise taxes in the current year on beer, distilled spirits, or wine, you may no longer be required to hold a bond.

In addition, if you owed not more than $1,000 in excise taxes the previous year and expect to owe not more than $1,000 in the current year, you will be eligible to file your excise taxes annually, rather than semi-monthly or quarterly.

Please see the links below for the latest information on TTB's implementation of these changes.

Announcements

Changes to Certain Alcohol-Related Regulations Governing Bond Requirements and Tax Return Filing Periods (01/04/2017)

Statutory Amendments Affecting Excise Tax Due Dates and Bond Requirements for Eligible Taxpayers Become Effective; TTB Regulations To Be Published Soon (12/30/2016)

Guidance

TTB Industry Circular 2016-2, Internal Revenue Code Amendments Eliminating Bond Requirements and Adding Annual Tax Return Periods for Eligible Alcohol Taxpayers

Rulemaking

Temporary Rule (T.D. TTB–146):  Changes to Certain Regulations Governing Bond Requirements and Tax Return Filing Periods

Notice of Proposed Rulemaking (Notice No. 167):  Changes to Certain Alcohol-Related Regulations Governing Bond Requirements and Tax Return Filing Periods


Description: http://icons.iconarchive.com/icons/judge/iphone/128/phone-icon.png CONTACT US
For more information on regulations and public guidance, contact the Regulations and Rulings Division at 202-453-2265 or email Regulations@ttb.gov.

Page last reviewed: December 30, 2016
Page last updated: January 4, 2017
Maintained by: Office of Communications, Regulations and Rulings Division

TTB
No FEAR Act | Disaster Relief | Treas.gov | Inspector General | White House |
USA.gov | Webmaster | Business.USA.gov