Week of October 17, 2008 |
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Greetings! We hope you have had a worthwhile and effective week! This week's offerings include a settlement with Archer Daniels Midland, links to our statutes, and our publications including prior issues. |
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ARCHER DANIELS MIDLAND REACHES SETTLEMENT WITH TTBWe have announced the acceptance of a $3,000,000 Offer-in-Compromise submitted by the Archer Daniels Midland Company (ADM) to resolve alleged violations of the Internal Revenue Code. The proponent is engaged in business as a distilled spirits plant and an alcohol fuel plant. The Offer-in-Compromise stemmed from ADM's alleged use of spirits in the manufacture of products not for fuel use. In addition, ADM allegedly used undenatured spirits on its bonded premises in a manner not in compliance with the law and regulations. STATUTESPlease select from these Federal laws related to alcohol, tobacco, and firearms and ammunition tax (FAET). You may also Search the U.S. Code. NEWSLETTERSCOLAs Online eNews > Subscribe > Archive TTB Newsletter > Subscribe > Archive TTB Tobacco News > Subscribe > Archive Alcohol & Tobacco Newsletter (published by ATF from 1998 to 2002) Compliance Matters (published by ATF from 1993 to 1997) Quarterly Bulletins (published by ATF from 1998 to 2002) |