LEX VINI

TTB Issues Guidance for Cider Producers

On May 17, 2017, the Alcohol and Tobacco Tax and Trade Bureau (“TTB”) issued additional guidance for cider producers on federal excise tax, labeling and formula requirements through Industry Circular 2017-2 (“Amendments to the Criteria for the Hard Cider Tax Rate and Information on Other Requirements that Apply to Wine that is Eligible for the […]

Federal Rule Changes Make More Products Eligible for (Lower) Hard Cider Tax Rate

The start of the New Year brought federal tax relief to certain cider producers.  The PATH Act of 2015 made various changes to the Internal Revenue Code, which took effect on January 1, 2017.  Included in the changes was a modification of the definition of products eligible for the “hard cider” tax rate.  Under the […]

TTB ISSUES GUIDANCE ON ELIMINATION OF BOND REQUIREMENTS FOR SMALL PRODUCERS

As we discussed in our earlier blog post, as of January 1, 2017, TTB-licensed breweries, distilled spirits plants and wineries that owed less than $50,000 in excise taxes in 2016, and expect to owe less than $50,000 in 2017, will no longer be required to hold a bond.  TTB started off the new year by […]

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