On June 1, 2018, U.S. Customs and Border Protection (CBP) released additional information regarding the Craft Beverage Modernization Provisions of the Tax Cuts and Jobs Act of 2017.
The act “amends the Internal Revenue Code with respect to the tax treatment of certain imported and domestically produced alcoholic beverages, including beer, wine and distilled spirits.”
CBP’s webpage may be found here:
https://www.cbp.gov/trade/basic-import-export/craft-beverage-modernization-tax-reform-act-2017
The Alcohol and Tobacco Tax and Trade Bureau’s FAQ may be found here:
https://www.ttb.gov/alcohol/craft-beverage-modernization-and-tax-reform.shtml