Alcohol and Tobacco Tax and Trade Bureau
Definition - What does Alcohol and Tobacco Tax and Trade Bureau mean?
The Alcohol and Tobacco Tax and Trade Bureau (TTB) works with the United States Department of the Treasury. They regulate and collect taxes on imports and trade of alcohol, tobacco and firearms within the United States. It is one of their duties to protect the consumer and control the labeling and advertising of alcoholic beverages.
WineFrog explains Alcohol and Tobacco Tax and Trade Bureau
The Alcohol and Tobacco Tax and Trade Bureau (TTB) in relation to the wine industry is to collect taxes on alcohol which is made from grapes.
In order to stay within compliance of the TTB, wineries must keep record of each process and each additive which is added to must and or wine prior to bottling. This aspect is to ensure the safety of the product for consumers.
The TTB classifies wines and reviews any applications and permits for wine operations including the making of wine, its importation and exportation. They also regulate the packaging and storage. These wineries are officially members of the regulated industries under the TTB and pay excise taxes. These members for the wine industry also include bonded wineries and bonded wine cellars.