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Beer Institute releases September 2020 domestic tax paid estimates, and of course you’re interested

barrels four stacked various configurations
If you find taxes boring, enjoy these delightfully stacked barrels.

Last week, the trade association regally called the Beer Institute published an unofficial estimate of domestic tax paid shipments by beer brewers for September 2020. The September 2020 estimate is 14,800,000 barrels (bbls), which is virtually the same as the September 2019 removals of 14,796,000 bbls. The chart below updates the May 2020 estimate of 14,216,000 bbls to a revised estimate of 13,770,000 bbls. The Beer Institute expects Domestic Tax Paid Estimates for the remaining months to see 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)

Month20192020Percent ChangeVolume Change
January12,433,51312,423,000-0.1%-10,513
February11,430,82911,325,000-0.9%-105,829
March14,512,34714,533,0000.1%20,653
April14,231,97413,500,000-5.1%-731,974
May15,216,00013,770,000-9.5%-1,446,000
June15,901,00016,600,0004.4%699,000
July14,820,00015,100,0001.9%280,000
August14,324,00014,500,0001.2%176,000
September14,796,00014,800,0000.0%4,000
YTD127,665,663126,551,000-0.9%-1,114,663

The October 2020 domestic tax paid estimate is scheduled to be released on November 24, 2020.