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Beer Institute releases August 2020 domestic tax paid estimate (expect revisions)

September 29, 2020Pretty Much a Press Release

Wall of MicroStar Kegs

Last week, the Beer Institute published an unofficial estimate of domestic tax paid shipments by beer brewers for August 2020: The August 2020 estimate is 14,500,000 barrels, an increase of 1.2 percent vs. August 2019 removals of 14,324,000. On September 3, the Alcohol Tax and Trade Bureau (TTB) issued a March 2020 Beer Report. The chart below updates the March 2019 and March 2020 tax paid volumes to match the TTB.

The Beer Institute expects domestic tax paid estimates for the remaining months to see significant revisions as TTB Industry Circular 2020-2 has postponed reporting requirements for filing and payment due dates for up to 90 days.

Domestic Tax Paid – TTB
(31 Gallon Barrels)

Month20192020Percent ChangeVolume Change
January12,433,51312,423,000-0.1%-10,513
February11,430,82911,325,000-0.9%-105,829
March14,512,34714,533,0000.1%20,653
April14,200,00013,500,000-4.9%-700,000
May15,216,00014,216,000-6.6%-1,000,000
June15,901,00016,600,0004.4%699,000
July14,820,00015,100,0001.9%280,000
August14,324,00014,500,0001.2%176,000
YTD112,837,689112,197,000-0.6%-640,689
Beer Institute releases December 2022 domestic tax paid estimate
Beer Institute releases November 2022 domestic tax paid estimate
stacked barrels crop
Hot damn, Beer Institute releases July 2022 domestic tax paid estimate
Share your favorite beer-related memories on the Beer Institute’s Building Bridges with Beer page (um, the positive ones)

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