Posted 3/4/2022 by the Office of Industry and State Outreach
As part of our continuing effort to ensure a level playing field and provide clarity to the alcohol beverage industry, TTB has updated its Trade Practices page to provide additional guidance regarding payment terms under the consignment sales provisions of the Federal Alcohol Administration Act (see TTB Industry Circular 2022-1) and answers to frequently asked questions (see General Trade Practices FAQs).
Separately, as the recent Treasury Report on Competition in the Wine, Beer and Spirits Market recommends, TTB is actively considering rulemaking to update its trade practice regulations. As always, any proposed changes in the regulations will be offered for public comment.