February 04 2013, at 12:00 AM Eastern Standard Time
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Brewers Association Comment on Notice No. 131 (Comment 43)
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Title: Brewers Association Comment on Notice No. 131 (Comment 43)
Abstract: The Brewers Association (BA) is national trade association representing more than 2,200 small and independent American brewers. This comments states that BA supports TTB's efforts to reduce the regulatory burden on small brewers as detailed in Notice No. 131. BA states that setting the bond amount at the lowest possible level permissible under the current regulations for the smallest class of brewers affected by the proposed rule "will most certainly ease the financial burden many of these businesses faced previously when choosing to file quarterly." In addition, BA states that the average annual individual small brewery savings derived from moving to quarterly filings of tax returns and operational reports is approximately 26 hours and $1,200 dollars per brewer. For the entire 1,716 BA member breweries in the affected group, BA states that the annual savings is estimated to be "on the order of 14,616 hours and over two million dollars."
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Attachments:
Brewers Association Comment on Notice No. 131 (Comment 43)
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