March 18-20, 2018
WSSA and Albatrans will be attending ProWein again this year! ProWein is the World’s No. 1 International Trade Fair for Wines and Spirits. We will have personnel from eight countries attending and look forward to meeting current and future customers. WSSA is also conducting two seminars at our stand covering all aspects of Risk Management for your beverage shipments. Join WSSA’s Managing Director Alison Leavitt at 1400, Sunday March 18th, and Monday, March 19th, to discover the intricacies surrounding cargo insurance and how you can take steps to protect your cargo or close the gaps in your current coverage. Please contact us to sign up for this valuable free seminar.
If you are attending ProWein 2018, we would like to meet with you! Please stop by our booth – Hall 13 Booth F07 or contact us to schedule an appointment.
TTB Creates Craft Beverage Modernization and Tax Reform Page to Answer Questions Surrounding the New Tax Bill
Almost two months into the new year, uncertainty surrounding the implementation of the provisions in the new tax bill still permeates the industry. While WSSA is working closely with our resources from TTB, CBP, legal counsel and other associations, we must wait for the final information from the US Government as to the practical application of the changes. We recommend that any of you affected by the changes develop a strategy to keep track of the items that will be eligible for credits or refunds. TTB is accepting questions online and updating their FAQ page on a daily basis, and we are providing the link below for your reference. Visitors to the page can sign up for updates and even submit their own question to be answered.
Craft Beverage Modernization and Tax Reform Page
We hope this is another resource that will be of assistance to all of you, but please feel free to contact us should you have any specific questions or concerns. As always, we will work to keep you abreast and informed about this topic.
Paying your invoices has never been easier!
WSSA is now accepting online payments! To pay your WSSA invoice online, visit www.wssa.com and navigate to the “Make a Payment” tab at the top right corner of the home page. Enter your invoice number and proceed with the instructions.
Jacob K. Javits Convention Center New York
655 W. 34th St., New York, NY 10001
Experience the most dynamic trade only event in the world’s largest market: Vinexpo New York!
Vinexpo New York will be the place to be for wine and spirits professionals on March 5 & 6, 2018, as 470+ producers from all over the world will showcase their products to the top buyers in North America.
Two days of tastings, master classes, conference sessions and business meetings will take place at the Javits Center in New York.
To be a part of the industry’s newest and most dynamic event, join the key international decision makers at Vinexpo New York.
To learn more about the event, please visit the Vinexpo webpage.
Monday, March 5th 10am – 6pm
Tuesday, March 6th 10am – 6pm
If you are planning to attend Vinexpo New York, please let us know! We would love to meet with you.
As we keep you informed about the implementation of the changes in the Tax Reform Bill, we want to pass on the latest information from US Customs and Border Protection:
CSMS# 18-000103 – MESSAGE TO ALCOHOL IMPORTERS FROM CBP AND TTB
01/31/2018 12:56 PM EST
Automated Broker Interface
MESSAGE TO ALCOHOL IMPORTERS FROM CBP AND TTB
Under the Craft Beverage Modernization and Tax Reform Act of 2017 (as contained in Public Law 115-97), appropriate procedures must be established in order for an importer to receive a lower effective excise tax rate on qualifying imports of beer, wine, and distilled spirits. The Alcohol and Tobacco Tax and Trade Bureau (TTB) and U.S. Customs and Border Protection (CBP) will be updating their websites with forthcoming guidance to importers.
Until such procedures are established and guidance is issued, importers of beer, wine, and distilled spirits seeking to qualify for excise tax relief, based on qualifying assignments made by a foreign producer, should continue to pay the full excise tax rates. Importers will be provided with the opportunity to seek the applicable excise tax relief, on entries made after the law went into effect, once forthcoming procedures and guidance have been issued.
If you have any questions relating to this message, please let us know!
We have been hearing rumors for the past year that MSC (Mediterranean Shipping Company) will change their service to the port of Boston. They have announced changes that will be starting in March, offering improved transit times to the US East Coast, but confirmed that they will only serve the port of Boston on their North Europe routing. They will offer the Med service via North Europe and are publishing faster transit times than previously offered to Boston.
WSSA will be heading to Prague next week to meet with all of our transatlantic carriers for our annual negotiations for this trade lane, and will revert with any other key routing changes. We will continue to operate contracts with virtually every steamship line in this important region for wine, spirits, and beer and expect to again come out of our week of meetings with favorable rates and a full roster of routings for our valued customers.
Should you have any questions, please feel free to contact us!
WSSA’s Annual Marine Insurance Webinar will be held January 31, 2018, at 2pm EST.
Join Marine Insurance Expert, Rick Bridges, and WSSA’s Managing Director, Alison Leavitt, as they tackle the difficult topic of marine cargo insurance. This free online seminar will provide essential insight on how to protect your cargo during transit. Also, be among the first to discover WSSA’s brand new insurance offerings for 2018! Additional topics of discussion will include:
WSSA Insurance Advantage
See how you can take advantage of one of the best insurance programs in the industry.
Natural Disaster Coverage
With more natural disasters taking place than ever before, find out what you can do to mitigate your risk.
Warehouse Inventory & Domestic Trucking
Warehouses and truckers will lead you to believe your goods are covered fully under their policies, but often that is not the case. Find out what you can do to protect your goods in storage & on the road!
Register now to reserve your spot for this free educational event!