October 1, 2024│Office of Communications
LAST DAY to assign tax benefits for 2024:
Assignments of Craft Beverage Modernization Act (CBMA) tax benefits for products imported in calendar year 2024 must be submitted through myTTB no later than December 31, 2024. TTB’s regulations at 27 CFR 27.262(d) provide that assignments of CBMA tax benefits must be submitted on or before December 31 of the calendar year for which the CBMA tax benefits are assigned. See FAQ TB-3 for more information.
FIRST DAY to assign tax benefits for 2025:
Assignments of CBMA tax benefits generally may be submitted through myTTB beginning on October 1 of the calendar year prior to the year for which the CBMA tax benefits are to be assigned. Calendar year 2025 assignments may be made starting Tuesday, October 1, 2024.
Before foreign producers can submit 2025 assignments, they will need to confirm or update their ownership information in myTTB. Foreign producers will be prompted to review their information when they log into myTTB for the first time on or after October 1.Instructions are available in myTTB, and in CBMA FAQ CB-FP14.
Existing foreign producers do NOT need to create a new registration – only confirm or update existing ownership information.
Important dates to remember:
- October 1, 2024 – First day assignments for calendar year 2025 can be submitted.
- December 31, 2024 – Last day assignments for calendar year 2024 can be submitted.
Between October 1 and December 31, 2024, you will see an option to select calendar year 2024 or 2025 in myTTB for importer assignments. On January 1, 2025, the option to select 2024 will be removed.
Additional Information