The Tax and Trade Bureau (TTB) is responsible for administering alcohol taxes, while the Customs and Border Protection (CBP) is responsible for collecting them. The TTB is a part of the Department of the Treasury, while the CBP is a part of the Department of Homeland Security. This division of responsibilities ensures that alcohol taxes are properly collected and managed.
The U.S. Treasury Department and U.S. Customs and Border Protection (CBP) on March 6, 2024, published in the Federal Register a final rule [PDF 224 KB] that moves responsibility for administering refunds, reduced tax rates, and tax credits on imported alcohol from CBP to Treasury on January 1, 2023.
The final rule adopts, with no changes, interim amendments [PDF 235 KB] to the CBP regulations that were published in the Federal Register on December 30, 2022 (CBP Decision 22–26).
The rule is effective March 6, 2024.
For more information, contact a tax professional with KPMG’s Excise Tax Practice group:
Taylor Cortright | tcortright@kpmg.com
Rachel Smith | rachelsmith1@kpmg.com
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