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WSSA has been keeping track of the new tax reform bill – the Craft Beverage Modernization Act (CBMA) and we have prepared a complete summary of the impact, guidelines for obtaining the credits and a program to assist our members with the data analysis and processing.

US Customs/CBP published another detailed message (CSMS #18-000609) earlier this week outlining in detail the documentation requirements and filing instructions to complete claims for tax credits due under the CBMA Tax Reform Bill.   We have included the very long CSMS message here, and we also can provide the 3 key documents required for filing:  Assignment Certification letter,

A new PierPass flat fee will be implemented at the ports of Los Angeles/Long Beach in November unless the Federal Maritime Commission steps in and takes action to stop it.

As we continue to update you with breaking news on the process to determine eligibility and obtain the tax refunds available under the CBMA/Tax Reform Act, we are pleased to announce the latest update from US Customs.