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TTB NEWSLETTER | Weekly News
April 3, 2015
IN THIS ISSUE
Greetings! We hope you had a rejuvenating and blossoming week! This week's top stories include information about TTB's annual reports and voluntary disclosure program, plus a list of the past week's top alcohol advertising pages at TTB.gov/.
WHAT'S POPULAR ON TTB.gov/
Top Alcohol Advertising Pages for Mar. 23-29, 2015
ABOUT THE NEWSLETTER
The TTB Newsletter compiles the top TTB news of the week and other helpful information about the Bureau and the federal alcohol and tobacco laws and regulations we enforce.
Please send any questions or comments to the Executive Liaison for Industry and State Matters at Industry-StateLiaison@ttb.gov/.
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TTB ANNUAL REPORT
TTB publishes an annual report to communicate relevant performance and financial information regarding its programs and operations to its customers and stakeholders.
The TTB Annual Report highlights our program accomplishments for the fiscal year (October 1 - September 30) and offers a comparative look at our actual performance versus our target levels as set out in our annual performance budget. The report also provides financial information on the Bureau operations for that fiscal year. This combination of the Bureau's program performance and financial information in a single document lends accountability and transparency to how TTB uses its funding to return value to American taxpayers.
You may access TTB's most recent annual report (Fiscal Year 2014) and annual reports from prior years on TTB.gov/.
TTB VOLUNTARY DISCLOSURE PROGRAM
A voluntary disclosure is when an industry member initiates disclosures of non-compliance with TTB laws and regulations as well as any irregularities they find in their operations that are potential violations of law or regulations. These disclosures are distinct from disclosures that are required by law or regulation, such as required submissions of reports of operations or formulas for alcohol beverages.
We encourage the regulated community to voluntarily disclose violations upon discovery. Voluntary disclosures will mitigate what actions we take, if any, in response to violations. Industry members should make voluntary disclosures as soon as possible after they discover any non-compliance with the law, such as tax deficiencies, labeling or advertising violations, or other irregularities.
Industry members should direct written voluntary disclosures to:
Alcohol and Tobacco Tax and Trade Bureau
To learn more about TTB's voluntary disclosure program, see TTB Industry Circular 2004-5.
Please visit the homepage of TTB.gov/ for the most recent news, or visit the Contact Us page if you have any questions.