October 5, 2023 | Office of Industry and State Outreach
Assignments of Craft Beverage Modernization Act (CBMA) tax benefits for products imported in calendar year 2023 must be submitted through myTTB no later than December 31, 2023. 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.
Additionally, 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. When October 1 falls on a weekend or holiday, assignments can be submitted beginning the next business day. Since October 1, 2023 is a Sunday, calendar year 2024 assignments may be made starting Monday, October 2, 2023.
Before foreign producers can submit 2024 assignments, they will need to confirm or update their ownership information in the myTTB Foreign Producer Registration and Assignment System. Foreign producers will be prompted to review their information when they log into the myTTB Foreign Producer Registration and Assignment System for the first time on or after October 2. Instructions will be available in myTTB, but are also available in CBMA FAQ CB-FP14.
Important dates to remember:
- October 2, 2023 – First day assignments for calendar year 2024 can be submitted
- December 31, 2023 – Last day assignments for calendar year 2023 can be submitted
Between October 2 and December 31, 2023, you will see an option to select calendar year 2023 or 2024 in myTTB for importer assignments. On January 1, 2024, the option to select 2023 will be removed.
Additional Information