TTB Frequently Asked Questions on New Tax Bill

TTB Creates Craft Beverage Modernization and Tax Reform Page to Answer Questions Surrounding the New Tax Bill

Almost two months into the new year, uncertainty surrounding the implementation of the provisions in the new tax bill still permeates the industry. While WSSA is working closely with our resources from TTB, CBP, legal counsel and other associations, we must wait for the final information from the US Government as to the practical application of the changes. We recommend that any of you affected by the changes develop a strategy to keep track of the items that will be eligible for credits or refunds. TTB is accepting questions online and updating their FAQ page on a daily basis, and we are providing the link below for your reference. Visitors to the page can sign up for updates and even submit their own question to be answered.

Craft Beverage Modernization and Tax Reform Page

We hope this is another resource that will be of assistance to all of you, but please feel free to contact us should you have any specific questions or concerns.  As always, we will work to keep you abreast and informed about this topic.