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Industry Circular

Number: 75-4

Date: March 14, 1975

Department of the Treasury

Bureau of Alcohol, Tobacco and Firearms

Washington, DC 20226

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SEMI-ANNUAL STATEMENT OF CONTROLLED STOCK

Proprietors of distilled spirits plants and others concerned:

PURPOSE. The purpose of this circular is to advise proprie- tors that, effective immediately, they are no longer required to submit semi-annual statements of controlled stock as an attach- ment to their "Report of Bottling Premises Operations, Form 2733."

BACKGROUND. Industry Circulars 66-6 and 66-14 were issued as requests to submit separate statements of control stock in- ventories on control premises for the purpose of monitoring the effectiveness of the taxpayment system which became effective in April 1966. The cooperative efforts made by you in complying with these requests greatly facilitated the evaluation of the taxpayment system. To date, the system has proven to be quite successful and we have therefore decided that there is no longer a need to submit the additional information requested by the two Industry Circulars mentioned above.

INQUIRIES. Inquiries concerning this circular should refer to its number and be addressed to the Assistant Director, Regulatory Enforcement, Bureau of Alcohol, Tobacco and Firearms, Federal Building, 1200 Pennsylvania Avenue, N.W., Washington, D.C. 20226.

Rex Davis

Rex D. Davis

Director

 
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