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Hold on to your butts: Beer Institute releases March domestic tax paid estimate

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

Nothing says Tuesday fun like taxes. Luckily, the Beer Institute knows both fun and taxes. Perhaps we’re generalizing here, but the trade association does represent the whole of the $253 billion American beer industry. Recently, the Beer Institute published an unofficial estimate of domestic tax paid by beer brewers. The March 2016 domestic tax paid estimate is 15,273,000 barrels. March 2015 removals were 15,215,000 (revised) for an increase of 0.4 percent.

Month 2015 2016 Percent Change Volume Change
January 12,934,475 12,640,000 -2.3% -294,475
February 12,444,482 13,102,000 5.3% 657,518
March 15,215,000 15,273,000 0.4% 58,000
YTD 40,593,957 41,015,000 1.0% 421,043

Please note that the estimates above reflect revised estimates released by the TTB.