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ATF will reduce brewers' burden.

Earlier this month, the Bureau of Alcohol, Tobacco and Firearms proposed plans to cut reporting requirements and simplify alcohol tax payments for many small brewers.

The ATF indicated the new proposal would "reduce regulatory burdens, protect tax revenue, and produce savings for the brewing industry and federal government."

The plan called for brewers producing less than 10,000 barrels of beer per year to file quarterly, rather than monthly , operational reports. While the ATF believes the information received under the new plan will be sufficient to monitor industry trends, a reduction of up to 54 percent of paperwork is anticipated.

The ATF also proposed to expand the conversion table brewers use to compute federal excise tax (per 31-gallon barrel) for malt beverages. Today, malt beverages are marketed in a range of package sizes not used when the ATF first published its conversion table. The updated version has a full listing of container sizes, making it easier for brewers to calculate and pay taxes.
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Title Annotation:Bureau of Alcohol, Tobacco and Firearms; cut reporting requirements and simplify alcohol tax payments
Publication:Modern Brewery Age
Date:Oct 12, 1992
Words:163
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