The Internal Revenue Code requires
brewers to give a bond to protect the revenue and to ensure
compliance with the requirements of law and regulations. The
Continuation Certificate is used to renew the bond every 4 years
after the initial bond is obtained. Bonds and continuation
certificates are required by law and are necessary to protect
government interests in the excise tax revenues that brewers
pay.
US Code:
26
USC 5401 Name of Law: Internal Revenue Code
US Code: 26
USC 7101 Name of Law: Internal Revenue Code
There is a decrease in the
number of respondents and responses.
$600
No
No
Uncollected
Uncollected
Uncollected
Uncollected
Mary Wood 202 927-8185
mary.a.wood@ttb.treas.gov
No
On behalf of this Federal agency, I certify that
the collection of information encompassed by this request complies
with 5 CFR 1320.9 and the related provisions of 5 CFR
1320.8(b)(3).
The following is a summary of the topics, regarding
the proposed collection of information, that the certification
covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a
benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control
number;
If you are unable to certify compliance with any of
these provisions, identify the item by leaving the box unchecked
and explain the reason in the Supporting Statement.