Instructions For Distributor'S Monthly Malt Beverage Wholesale Sales Tax And Excise Tax Report (Page 2 of 2) in pdf

73A628(I) (5-13)

Instructions For Distributor's

Commonwealth of Kentucky

Monthly Malt Beverage

DEPARTMENT OF REVENUE

Wholesale Sales Tax and Excise

Tax Report

Line 4: Subtract any appropriate adjustments that are

accounted for by returns to Kentucky retailers, sold to

Instructions for Microbrewer's Retail Gross Receipt

Kentucky distributors, exported sales and sales to

agencies

and

instrumentalities

the

federal

Report to Distributor Form 73A630:

government. Total any adjustments on line 4(e).

Line 5: Net receipts by subtracting line 4e from line 3.

Line 1: Total gallons sold during the month

Line 6: Multiply the net receipts (line 5) by eleven

Line 2: Total gallons sold at wholesale

percent (11%) to arrive at the applicable gross tax.

Line 3: Total gallons sold at retail equals line one minus

Line 7: Collection and reporting fee equals line 6

line 2.

multiplied by one percent (1%).

Line 4: Contract price per gallon as found on the written

Lines 8: Net tax due equals line 6 minus line 7.

contract

required

between

microbreweries

and

Line 9:

Miscellaneous credits and charges that are

distributors per KRS 243.157. Include a copy of the

appropriate for line 4 adjustments. Please give brief

contract between the Microbrewery and Distributor(s)

with initial filling and any time the contract price changes.

explanation of any adjustment(s) applied on this line.

Line 10: Total wholesale sale tax due equals line 8 plus

Line 5: Gross receipts subject to tax equals line 3

or minus line 9 adjustments.

multiplied by line 4.

Line 11: Total excise due calculated on page two, line

Line 6:

Wholesale sales tax rate of eleven percent

(11%).

Line 12: Total amount included equals line 10 plus line

Line 7:

Line 5 multiplied by line 6 equals the net

11. Make your check payable to Kentucky State

wholesale sales tax due. Please submit Form 73A630

Treasurer.

and payment of the wholesale sales tax to the

distributor.

Instructions for Malt Beverage Distributor's Monthly

Report- Malt Beverages Purchased From Brewers

Form 73A628, page 2:

Record Retention

Schedule A: Subtract sales to military and breakages

Each licensee under KRS 243.020 to 243.670 shall keep

destroyed from purchases from brewers in each row to

and maintain upon the licensed premises, or make

equal taxable purchases. Multiply taxable purchases of

readily available upon request of the department or the

each volume by column 1 to calculate taxable gallons.

Department of Revenue, adequate books and records of

all transactions involved in the manufacture or sale of

Part I: Calculation of Domestic Brewer Credit

alcoholic beverages, in the manner required by

regulations of the department and the Department of

Line 1: Total gallons purchased from or produced by

Revenue.

Kentucky brewers.

Line 2: Multiply line 1 by fifty percent (50%) to equal the

All records of trafficking in alcoholic beverages must be

domestic brewer credit rate.

maintained on the immediate premises of the licensee for

Line 3: Multiply line 1 by line 2. Also, enter this amount

a period of at least three (3) years

on Part Two: Calculation of Excise Tax line 2.

Additional Information

Part 2: Calculation of Excise Tax

Additional information is available on the Department

Line 1: Total gross taxable gallons equal the sum of

website at

column 5.

Line 2: Taxable gallons from Kentucky Brewers

If you need assistance, you may call (502) 564-6823.

calculated in Part 1 line 3.

Line 3: Add line 1 and line 2 to equal total taxable

gallons.

Line 4: Malt beverage tax rate.

Line 5: Line 3 multiplied by line 4 to equal the malt

beverage excise tax due.

Line 6: Enter in any adjustments.

Line 7: Total excise tax due equals line 5 plus or minus

adjustments from line 6. Enter here and on line 11 on

page 1.

Page 2 of 2

Instructions For Distributor'S Monthly Malt Beverage Wholesale Sales Tax And Excise Tax Report Page 2

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