Department of the Treasury June 17, 2021 – Federal Register Recent Federal Regulation Documents
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Establishment of The Burn of Columbia Valley Viticultural Area
The Alcohol and Tobacco Tax and Trade Bureau (TTB) establishes the approximately 16,870-acre ``The Burn of Columbia Valley'' viticultural area in Klickitat County, Washington. The newly- established The Burn of Columbia Valley viticultural area is located entirely within the existing Columbia Valley viticultural area. TTB designates viticultural areas to allow vintners to better describe the origin of their wines and to allow consumers to better identify wines they may purchase.
Establishment of the Palos Verdes Peninsula Viticultural Area
The Alcohol and Tobacco Tax and Trade Bureau (TTB) establishes the approximately 15,900-acre ``Palos Verdes Peninsula'' viticultural area in the southwestern coastal region of Los Angeles County, California. The Palos Verdes Peninsula viticultural area is not located within, nor does it contain, any established viticultural area. TTB designates viticultural areas to allow vintners to better describe the origin of their wines and to allow consumers to better identify wines they may purchase.
Establishment of the White Bluffs Viticultural Area
The Alcohol and Tobacco Tax and Trade Bureau (TTB) establishes the 93,738-acre ``White Bluffs'' viticultural area in Franklin County, Washington. The White Bluffs viticultural area is located entirely within the existing Columbia Valley viticultural area. TTB designates viticultural areas to allow vintners to better describe the origin of their wines and to allow consumers to better identify wines they may purchase.
Small Business Taxpayer Exceptions Under Sections 263A, 448, 460 and 471; Correction
This document contains corrections to the final regulations Treasury Decision 9942, that were published in the Federal Register on Tuesday, January 5, 2021. The final regulations implemented legislative changes that simplify the application of certain tax accounting provisions for eligible businesses with average annual gross receipts that do not exceed $25,000,000, adjusted for inflation.
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