Alcohol and Tobacco Tax and Trade Bureau

From USApedia
Alcohol and Tobacco Tax and Trade Bureau
Type: Independent Agencies
Parent organization: United States Department of the Treasury
Employees: 500
Executive: Administrator
Budget: $120 million (Fiscal Year 2019)
Address: 1310 G St NW, Washington, DC 20005
Website: https://www.ttb.gov
Creation Legislation: Homeland Security Act of 2002
Wikipedia: Alcohol and Tobacco Tax and Trade BureauWikipedia Logo.png
Alcohol and Tobacco Tax and Trade Bureau
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Mission
The TTB administers and enforces laws related to the production, importation, and distribution of alcohol, tobacco, firearms, and ammunition, ensuring their lawful commerce and collection of excise taxes. It strives to protect consumers and the revenue by ensuring products are labeled correctly and industry practices are fair.
Services

Tax Collection; Label and Formula Approval; Industry Regulation; Trade Practice Enforcement

Regulations

Federal Alcohol Administration Act; Internal Revenue Code

Alcohol and Tobacco Tax and Trade Bureau
File:US-AlcoholAndTobaccoTaxAndTradeBureau-Seal.svg
Agency Overview
Formed January 24, 2003
Preceding agency Bureau of Alcohol, Tobacco, and Firearms
Headquarters 1310 G Street NW
Washington, D.C.
Employees 531 (2006)
Agency Executive Mary G. Ryan, Administrator
Parent agency Department of the Treasury
Website
www.ttb.gov

The Alcohol and Tobacco Tax and Trade Bureau, statutorily named the Tax and Trade Bureau and frequently shortened to TTB, is a bureau of the United States Department of the Treasury, which regulates and collects taxes on trade and imports of alcohol, tobacco, and firearms within the United States.[1]

Overview

TTB was created on January 24, 2003, when the Homeland Security Act of 2002 split the Bureau of Alcohol, Tobacco and Firearms (ATF) into two new organizations with separate functions.[2] Specifically, the Act transferred ATF and its law enforcement functions from the Department of the Treasury to the Department of Justice. ATF's other functions, dealing with tax collection and regulation of legitimate trade, remained within the Treasury Department and became part of the new TTB.

Organization

TTB's Field Operations are organized into five divisions:[3]

  1. National Revenue Center: reconciles returns, reports, and claims; screens applications and promptly issues permits; and provides expert technical assistance for industry, the public and government agencies to ensure fair and proper revenue collection and public safety.[4]
  2. Risk Management: develops, implements, and maintains monitoring programs for collecting the revenue due the Federal Government and protecting the public, and ensures resources are effectively used.[5]
  3. Tax Audit: verifies the proper payment of alcohol, tobacco, firearms and ammunition excise taxes and ensures compliance with laws and regulations by taxpayers in a manner that protects the revenue, protects the consumer, and promotes voluntary compliance.[6]
  4. Trade Investigations: comprises investigators who ensure industry compliance with the laws and regulations administered by the TTB.[7]
  5. Tobacco Enforcement Division: protects the revenue and promotes voluntary compliance by monitoring the domestic tobacco trade, ensuring only qualified applicants enter the tobacco trade, ensuring compliance with the tax laws relating to tobacco, and facilitating TTB's enforcement functions in cases of non-compliance.[8]

The Advertising, Labeling, and Formulation Division (ALFD) implements and enforces a broad range of statutory and compliance provisions of the Internal Revenue Code and the Federal Alcohol Administration Act. This act requires importers and bottlers of beverage alcohol to obtain certificates of label approval or certificates of exemption from label approval (COLAs) for most alcohol beverages prior to their introduction into interstate commerce. ALFD acts on these COLAs to ensure that products are labeled in accordance with federal laws and regulations. ALFD also examines formulas for wine and distilled spirits, statements of process, and pre-import applications filed by importers and proprietors of domestic distilleries, wineries, and breweries for proper tax classification and to ensure that the products are manufactured in accordance with federal laws and regulations.[9]

See also

References

  1. ↑ Wagner, Daniel (8 December 2012). "Booze, smokes on agenda for quirky gov't group (Associated Press)". U.S. News & World Report (New York City). http://health.usnews.com/health-news/news/articles/2012/12/08/booze-smokes-on-agenda-for-quirky-govt-group. 
  2. ↑ Arthur J. Libertucci (1 April 2003). "Welcome from the Administrator". http://www.ttb.gov/welcome.htm. 
  3. ↑ "Organizational chart". http://www.ttb.gov/orgchart.htm/. 
  4. ↑ "National Revenue Center". http://www.ttb.gov/nrc/index.htm. 
  5. ↑ "Risk Management". http://www.ttb.gov/fieldops/riskmgtmsn.htm. 
  6. ↑ "Tax Audit". http://www.ttb.gov/tax_audit/index.html. 
  7. ↑ "Trade Investigations". http://www.ttb.gov/trade_investigations/index.htm. 
  8. ↑ "Tobacco Enforcement Division". http://www.ttb.gov/ted/. 
  9. ↑ "Advertising, Labeling, and Formulation Division (ALFD)". http://www.ttb.gov/alfd/alfd_mission.html. 

External links

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