ACSA’s Legislative Affairs Committee, in conjunction with its lobbyist on Capitol Hill in Washington, D.C., works tirelessly to promote a sound business climate for the craft spirits producer. Its current focus is on the reduction of the onerous Federal Excise Tax (FET), with a mantra to provide parity with beer and wine. In December 2017, a short victory lap was enjoyed as substantial provisions of the Craft Beverage Modernization and Tax Reform Act was passed. On January 1, 2018, craft distillers began paying a reduced FET from $13.50 down to $2.70 per proof gallon up to the first 100,000 pg. This reduced tax will extend through December 31, 2019. ACSA continues to work with industry partners to share with Congress details on how savings are being reinvested in the economy.
Alcohol and Tobacco Tax and Trade Bureau (TTB)
The Alcohol and Tobacco Tax and Trade Bureau (TTB) is a bureau under the Department of the Treasury. The TTB collects Federal excise taxes on alcohol, tobacco, firearms, and ammunition and to assure compliance with Federal tobacco permitting and alcohol permitting, labeling, and marketing requirements to protect consumers.