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Postponed payment, reporting date for TTB excise taxes (COVID-19)

Postponed payment, reporting date for TTB excise taxes

The U.S. Treasury Department announced March 31, 2020, that the date for paying excises taxes for wine, beer, distilled spirits, tobacco products, firearms, and ammunition—excises taxes administered by the Treasury Department’s Alcohol and Tobacco Tax and Trade Bureau (TTB)—has been delayed for 90 days in response to the coronavirus (COVID-19) pandemic.

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As noted in a Treasury Department release, the postponed due date applies to tax payments, tax returns, claims, operational reports, and other submissions related to TTB excise taxes with an original due date falling on or after March 1, 2020, through July 1, 2020. Interest and penalties will not apply when payments are made within 90 days of the original due date.

According to the release, TTB will re-evaluate the terms of this immediate relief as circumstances warrant.

Treasury also reported it will consider applications on a case-by-case basis for the use of alternate methods and procedures “that help the affected industry members to resume or continue their operations.” Treasury has provided an online contact form that can be used to request emergency variations from regulatory requirements and an online claim submission form to process claims for refund and drawbacks.

Read a related release: TTB Industry Circular 2020-2


For more information, contact a tax professional with KPMG’s Excise Tax Practice group:

Taylor Cortright | +1 (202) 533 6188 | tcortright@kpmg.com

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