BROWN-FORMAN CORPORATION

Beverage Industry

Application and interpretation by Customs and Border Protection (CBP) and Treasury Department of 19 USC 1313(j)(2) (providing for substitution unused merchandise drawback), and of the Trade Facilitation and Trade Enforcement Act of 2015, Sec. 906 (Drawback and Refunds); CBP's denial of substitution unused merchandise drawback of taxes paid to Alcohol Tobacco Tax and Trade Bureau (TTB); CBP and/or Treasury Department regulations providing that drawback allowed upon the export or destruction of substituted merchandise will be limited to the amount of taxes paid on the substituted merchandise; contemplated amendments to customs drawback statute to reconfirm eligibility of distilled spirits, wine and beer for drawback of taxes based on export without taxes of substitute product, and to broaden the interchangeability of imported and exported whiskies in order to qualify whiskey for substitute unused merchandise drawback.

Tariff (miscellaneous tariff bills)

Application and interpretation by Customs and Border Protection (CBP) and Treasury Department of 19 USC 1313(j)(2) (providing for substitution unused merchandise drawback), and of the Trade Facilitation and Trade Enforcement Act of 2015, Sec. 906 (Drawback and Refunds); CBP's denial of substitution unused merchandise drawback of taxes paid to Alcohol Tobacco Tax and Trade Bureau (TTB); CBP and/or Treasury Department regulations providing that drawback allowed upon the export or destruction of substituted merchandise will be limited to the amount of taxes paid on the substituted merchandise; contemplated amendments to customs drawback statute to reconfirm eligibility of distilled spirits, wine and beer for drawback of taxes based on export without taxes of substitute product, and to broaden the interchangeability of imported and exported whiskies in order to qualify whiskey for substitute unused merchandise drawback.