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TREAS/TTB

RIN: 1513-AC89

Publication ID: Fall 2021

Title: ●Implementation of Refunds in Lieu of Reduced Rates for Certain Craft Beverages Produced Outside of the United States
Abstract: The Craft Beverage Modernization Act (CBMA) provisions of the Tax Cuts and Jobs Act of 2017 reduced excise taxes on all beverage alcohol producers, large and small, foreign and domestic. In 2020, Congress made CBMA’s tax cuts permanent. It also transferred responsibility for administering certain CBMA provisions for imported alcohol from U.S. Customs and Border Protection (CBP) to the Treasury Department after December 31, 2022. In addition, importers will no longer be eligible for the lower CBMA tax rates at the time of entry. Rather, importers will be required to pay the full tax rate at entry and submit refund claims to Treasury to receive the lower rates. Treasury intends for its Alcohol and Tobacco Tax and Trade Bureau (TTB) to administer the new CBMA import claims program due to TTB's familiarity with the law and its current authority over alcohol importers.
Agency: Department of the Treasury(TREAS)	Priority: Substantive, Nonsignificant
RIN Status: First time published in the Unified Agenda	Agenda Stage of Rulemaking: Proposed Rule Stage
Major: Undetermined	Unfunded Mandates: No
CFR Citation: Not Yet Determined (To search for a specific CFR, visit the Code of Federal Regulations.)
Legal Authority: Section 107 of the Taxpayer Certainty and Disaster Tax Relief Act of 2020 (Pub. L. 116-260, Division EE)

Legal Deadline: None

Timetable:

Action	Date	FR Cite
Temporary Rule; Concurrent NPRM	04/00/2022

Regulatory Flexibility Analysis Required: Undetermined	Government Levels Affected: None
Small Entities Affected: Businesses	Federalism: No
Included in the Regulatory Plan: No
International Impacts: This regulatory action will be likely to have international trade and investment effects, or otherwise be of international interest.
RIN Data Printed in the FR: No
Related RINs: Related to 1513-AC87
Agency Contact: Jesse Longbrake Regulations Specialist Department of the Treasury Alcohol and Tobacco Tax and Trade Bureau 1310 G Street NW, Box 12, Washington, DC 20005 Phone:202 453-1039 Email: jesse.longbrake@ttb.gov