Skip to content
DWT logo
People Services Insights
About Offices Careers
Search
People
Services
Insights
About
Offices
Careers
Search
Presentations
Food + Beverage

Co-presenter, "New TTB Excise Tax Credit Procedures," Webinar, Oregon Winegrowers Association

By   Kelly A. Luzania
06.12.18
Share
Print this page

The Tax Cuts and Jobs Act enacted in December 2017 has significantly impacted the alcohol industry, including changes to federal (TTB) excise tax rates, use of tax credits, and new taxpayer definitions. While federal wine excise tax rates have been lowered and expanded, wineries may only use those credits on wine they produce. If you are a producing winery that sells or purchases bulk wine, or stores your wine in bond at other bonded locations, you need to understand how to successfully navigate the TTB wine excise tax changes and TTB procedures for bonded wine transfers. For Oregon wineries that qualify for the OLCC small producer privilege tax exemption, and who purchase bulk wine in bond from another winery, this means an additional evaluation is required to determine how and when to remove wine from bond and pay federal and state taxes.

Participants gained general guidance on how the act likely impacts their winery, and steps to take to comply with the act and related TTB guidance to ensure full access to eligible tax credits. Topics included:

  • New TTB excise tax rates
  • What activities qualify as "production"
  • Changes to TTB taxpayer definitions, including single taxpayer and controlled groups
  • TTP "Alternate Procedure" for wine transfers in bond
  • Impacts of TTB tax transfers on OLCC privilege taxes

View the webinar.

Listen to the webinar.

Related Articles

05.09.25
Insights
Food + Beverage
Food Venture Financing News - Weekly Issue No. 235 Read More
04.30.25
Insights
Food + Beverage
Food Venture Financing News - Weekly Issue No. 234 Read More
04.25.25
Publication
Food + Beverage
Flurry of Activity from FDA in the First Four Months of 2025 Read More
DWT logo
©1996-2025 Davis Wright Tremaine LLP. ALL RIGHTS RESERVED. Attorney Advertising. Not intended as legal advice. Prior results do not guarantee a similar outcome.
Media Kit Affiliations Legal notices
Privacy policy Employees DWT Collaborate EEO

SUBSCRIBE
©1996-2025 Davis Wright Tremaine LLP. ALL RIGHTS RESERVED. Attorney Advertising. Not intended as legal advice. Prior results do not guarantee a similar outcome.