author_orbitax
Orbitax

Share This Article

U.S. Treasury Delays Tax and Reporting Due Dates for Alcohol, Tobacco, Firearms and Ammunition Businesses Hit by COVID-19

02 April 2020

|

Approved Changes

|

United States

The U.S. Department of the Treasury issued a release on 31 March announcing a 90-day delay in tax and reporting due dates for alcohol, tobacco, firearms and ammunition businesses hit by COVID-19. --- WASHINGTON – The Treasury Department is delaying tax payment due dates for wine, beer, distilled spirits, tobacco products, firearms, and ammunition excise taxes, to provide flexibility for businesses that have been negatively affected by COVID-19. "Many businesses regulated by the Alcohol and Tobacco Tax and Trade Bureau (TTB) have been adversely impacted by the COVID-19," said Secretary Steven T. Mnuchin. "To assist these businesses during this challenging...