Search Results for citation:"90 FR 1868"

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Search Results: citation:"90 FR 1868"

  • Type:Rule
    Citation:90 FR 1868
    Reading Time:less than a minute

    The Treasury Department and the Internal Revenue Service have issued a correction to a rule originally published in December 2024. This correction changes a section number on a specific page to the correct format. The updated section should read "§ 1.1001-3" instead of the incorrect version. This notice was formally filed on January 8, 2025, and is documented under the number C1-2024-30267.

    Simple Explanation

    The Treasury Department and the IRS fixed a tiny mistake in a rule they made. They changed a wrong number to the right one so everything is clear and correct.

  • Type:Rule
    Citation:90 FR 1868
    Reading Time:about 37 minutes

    The Alcohol and Tobacco Tax and Trade Bureau (TTB) has amended regulations to add 13 new standards of fill for wine and 15 for distilled spirits, aiming to offer more flexibility in container sizes. The TTB considered eliminating standards of fill altogether but decided against it to prevent consumer confusion and market disruption. Instead, the additional sizes are expected to support domestic and international trade and provide more options for consumers. Moreover, the TTB has removed the distinction between canned and other containers for distilled spirits, allowing the same standards to apply across all types. These changes take effect on January 10, 2025.

    Simple Explanation

    The rules for how big wine and spirit bottles can be have changed so there are more sizes, making it easier for stores to sell them and giving people more choices. Now, wine and spirits can come in new sizes, and there’s no separate rule for cans; they’re treated the same as bottles, starting January 10, 2025.