Beer Institute releases June 2020 domestic tax paid estimate, postponed reporting will skew it

Recently, the Beer Institute published an unofficial estimate of domestic tax paid shipments by beer brewers for June 2020. The June 2020 estimate is 16,600,000 bbls, an increase of 4.4 percent vs. June 2019 removals of 15,901,000 bbls. The Beer Institute estimates for March 2020, April 2020, May 2020 and June 2020 are expecting 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)

Month	2019	2020	Percent Change	Volume Change
January	12,433,513	12,423,000	-0.1%	-10,513
February	11,430,812	11,325,000	-0.9%	-105,812
March	14,370,000	14,300,000	-0.5%	-70,000
April	14,200,000	13,500,000	-4.9%	-700,000
May	15,216,000	14,216,000	-6.6%	-1,000,000
June	15,901,000	16,600,000	4.4%	699,000
YTD	83,551,325	82,364,000	-1.4%	-1,187,325