Key Acronyms You Should Know
The Craft Beverage Modernization Act (CBMA) allows U.S. alcohol importers to receive tax benefits on alcoholic beverages purchased from foreign producers. These benefits are directly tied to the volume of product sold from foreign producers into the U.S. market.
To monitor and control these volumes, the U.S. government requires registration and allocation of CBMA benefits, which is now managed through the âMy TTBâ platform.
My TTB is an online platform where all foreign producers selling alcoholic beverages to the United States, specifically products regulated by the TTB, must register as Foreign Producers and obtain a unique Producer ID.
This ID allows producers to:
U.S. importers must also create a profile on the platform, where they track the CBMA tax benefits assigned to them by foreign producers.
As of January 1, 2023, the TTB reimburses applicable federal excise taxes to importers on a quarterly basis through the My TTB system.
To enable this process, the foreign producer must provide their Producer ID to their U.S. importer. This allows the TTB to cross-reference data from both parties and maintain accurate control over CBMA benefit allocations and compliance.
Foreign alcohol producers exporting to the United States must access the platform and complete their registration at:
Early registration is strongly recommended to avoid delays in tax benefit allocation and disruptions in commercial operations.
During the My TTB registration process, you will be asked to provide:
We are sharing this guide to help you complete the process step by step. Remember, CORE Consulting is here to support you throughout the entire registration and compliance process, ensuring your alcohol exports to the United States remain smooth, compliant, and competitive.
Key Acronyms You Should Know
The Craft Beverage Modernization Act (CBMA) allows U.S. alcohol importers to receive tax benefits on alcoholic beverages purchased from foreign producers. These benefits are directly tied to the volume of product sold from foreign producers into the U.S. market.
To monitor and control these volumes, the U.S. government requires registration and allocation of CBMA benefits, which is now managed through the âMy TTBâ platform.
My TTB is an online platform where all foreign producers selling alcoholic beverages to the United States, specifically products regulated by the TTB, must register as Foreign Producers and obtain a unique Producer ID.
This ID allows producers to:
U.S. importers must also create a profile on the platform, where they track the CBMA tax benefits assigned to them by foreign producers.
As of January 1, 2023, the TTB reimburses applicable federal excise taxes to importers on a quarterly basis through the My TTB system.
To enable this process, the foreign producer must provide their Producer ID to their U.S. importer. This allows the TTB to cross-reference data from both parties and maintain accurate control over CBMA benefit allocations and compliance.
Foreign alcohol producers exporting to the United States must access the platform and complete their registration at:
Early registration is strongly recommended to avoid delays in tax benefit allocation and disruptions in commercial operations.
During the My TTB registration process, you will be asked to provide:
We are sharing this guide to help you complete the process step by step. Remember, CORE Consulting is here to support you throughout the entire registration and compliance process, ensuring your alcohol exports to the United States remain smooth, compliant, and competitive.
