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Encyclopedia > Alcohol and Tobacco Tax and Trade Bureau
Seal of the Alcohol and Tobacco Tax and Trade Bureau

The Alcohol and Tobacco Tax and Trade Bureau, shortened to Tax and Trade Bureau or TTB, is a part of the United States Department of the Treasury. It was established in January 2003, as part of a reorganization following the establishment of the United States Department of Homeland Security. The functions of the TTB used to be part of the Bureau of Alcohol, Tobacco and Firearms.


The TTB is organized into five divisions:

  • Advertising, Labeling, and Formulation Division, which is responsible for statutory and compliance provisions for the formulation and labeling of alcoholic beverages, as required by the Internal Revenue Code and the Federal Alcohol Administration (FAA) Act;
  • International Trade Division, which encourage industry compliance with international trade regulations;
  • National Revenue Center, which processes paperwork and collects revenue for the TTB;
  • Regulations and Procedures Division, which drafts and revises TTB regulations;
  • Laboratory, which provide scientific and technical services for the bureau and the industries it regulates.

See also

External link

  • Tax and Trade Bureau website (http://www.ttb.gov/)



  Results from FactBites:
 
Mises Blog (1652 words)
The Alcohol and Tobacco Tax and Trade Bureau (TTB) is the result of the division of the functions of the Bureau of Alcohol, Tobacco and Firearms (ATF).
Tax collections functions of the ATF are now under the Department of the Treasury and law enforcement functions of the ATF are under the Department of Justice.
Posted by: ashley at July 8, 2006 4:08 AM I was about to write such thing not to abolish alcohol and tobbaco tax but after reading the whole post and comment i suspect it should be abolished.
Bureau of Alcohol, Tobacco, Firearms and Explosives - Wikipedia, the free encyclopedia (1384 words)
In the early 1950s, the name of the Bureau of Internal Revenue was changed to "Internal Revenue Service" (IRS), and the ATU was given the additional responsibility of enforcing federal tobacco tax laws.
The agency's name was officially changed to the "Bureau of Alcohol, Tobacco, Firearms and Explosives" in recognition to the agency's role in explosives regulation and enforcement; however the Bureau retained the use of its original acronym, "ATF", for all purposes.
Additionally, the collector of federal tax revenue derived from the production of tobacco and liquor products originally handled by ATF were transferred to the newly established Alcohol and Tobacco Tax and Trade Bureau (TTB), which remained within the Treasury Department.
  More results at FactBites »

 
 

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