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Tis the season: Beer Institute releases October 2017 domestic tax paid estimate

craft brewing tax exemptions
We feel ya.

Hey, Thanksgiving is over. Christmas is still like a month way. Quit daydreaming about turkey legs and decorating your big Douglas fir. It’s Monday, so let’s sober up with a little tax talk. Let us direct you to the Beer Institute, which just published an unofficial estimate of domestic tax paid shipments by beer brewers for October 2017. The October 2017 estimate is 13,726,000 barrels, an increase of 5.6 percent versus October 2016 removals of 12,998,000. Please note that the estimates reflect revised estimates released by the Alcohol and Tobacco Tax and Trade Bureau (TTB).

Month 2016 2017 Percent Change Volume Change
January 12,698,756 12,951,000 2.0% 252,244
February 12,951,553 11,724,000 -9.5% -1,227,553
March 15,411,120 14,945,000 -3.0% -466,120
April 14,749,656 14,134,000 -4.2% -615,656
May 15,684,117 16,272,000 3.7% 587,883
June 16,801,412 16,858,000 0.3% 56,588
July 15,108,833 14,413,000 -4.6% -695,833
August 16,239,037 15,531,000 -4.4% -708,037
September 15,175,000 14,426,000 -4.9% -749,000
October 12,998,000 13,726,000 5.6% 728,000
YTD 2017 147,817,484 144,980,000 -1.9% -2,837,484