Now that you are spending way more time at home, perhaps this is your best opportunity to find posts about beer taxes interesting. Let’s test your muster: Last week, the Beer Institute published an unofficial estimate of domestic tax paid shipments by beer brewers for December 2020: The December 2020 estimate is 13,800,000 bbls, a decrease of 0.2 percent compared to December 2019 removals of 13,825,000. What does it all mean? Here’s a year in tax numbers to help you figure it out.
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 | 11,430,829 | 11,325,000 | -0.9% | -105,829 |
March | 14,512,347 | 14,533,000 | 0.1% | 20,653 |
April | 14,231,974 | 13,437,000 | -5.6% | -794,974 |
May | 15,175,568 | 13,774,000 | -9.2% | -1,401,568 |
June | 15,878,059 | 16,216,000 | 2.1% | 337,941 |
July | 14,885,484 | 15,385,000 | 3.4% | 499,516 |
August | 14,369,816 | 15,000,000 | 4.4% | 630,184 |
September | 14,796,000 | 14,800,000 | 0.0% | 4,000 |
October | 13,168,000 | 13,250,000 | 0.6% | 82,000 |
November | 12,396,000 | 12,300,000 | -0.8% | -96,000 |
December | 13,825,000 | 13,800,000 | -0.2% | -25,000 |
YTD | 167,102,590 | 166,243,000 | -0.5% | -859,590 |
The January 2021 domestic tax paid estimate is scheduled to be released on February 25, 2021.
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