Wednesday, June 17, 2015

Alcohol & Tobacco Tax

The Alcohol and Tobacco Tax and Trade Bureau (TTB) is a part of the United States federal government. TTB oversees the selling of alcohol and tobacco products. Alcohol and tobacco are the only recreational drugs legal in the United States.


Origins


The Alcohol and Tobacco Tax and Trade Bureau was established in January 2003. TTB is a part of the Treasury Department.


Responsibilities


The Alcohol and Tobacco Tax and Trade Bureau is in charge of regulating all elements of alcohol and tobacco sales including product labels and distributing liquor licenses. TTB is also in charges of collecting taxes from alcohol and tobacco sales.


Location


TTB headquarters are located in Washington D.C. However, the Alcohol and Tobacco Tax and Trade Bureau has more than 600 employees spread out across the U.S.


Benefits


Taxes on alcohol and tobacco products raise approximately $15 billion a year in revenue, which is spent on various projects.


Contacting TTB


To contact the Alcohol and Tobacco Tax and Trade Bureau visit the TTB website (See Resources) and select the "Contact Us" option.

Tags: Alcohol Tobacco Trade, Tobacco Trade, Tobacco Trade Bureau, Trade Bureau, Alcohol Tobacco, alcohol tobacco