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Wine equalisation tax

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A number of rebates are available to wine producers based in Australia and New Zealand, with eligible produces originally able to claim up to $ A350,000 annually. These rebates were introduced in 2004 and intended to assist small rural wineries. They were estimated to cost the Australian Federal
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In Australia, wine is taxed differently to other alcoholic beverages. While other beverages are taxed based on their alcohol content, wine is taxed at a flat 29% rate, which, on a per standard drink basis, generally makes tax on wine less than other alcoholic beverages.
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announced in 2015 the establishment of a consultation group consisting of industry representatives to find solutions to the use of "contrived schemes" designed to exploit the rebate.
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which reduced the annual rebate available to $ A350,000 and changed eligibility to require wine producers to grow at least 85% of the grapes used in their wine-making process.
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Following allegations of rorting, then Assistant Treasurer
27:. It is applied at 29% of the wholesale value of wine. 8: 218:"Wine Equalisation Tax rorting set to end" 186:"Wine Equalisation Tax rebate: a rort?" 120: 7: 184:Khadem, Nassim (30 October 2015). 65:In August 2017 reforms passed the 14: 216:Bettles, Colin (23 August 2017). 93: 79: 45:Budget $ A300 million in 2016. 156:"Wine equalisation tax rebate" 1: 128:Office, Australian Taxation. 271: 191:The Sydney Morning Herald 154:Dossor, Rob (May 2016). 164:Parliament of Australia 130:"Wine equalisation tax" 67:Parliament of Australia 49:Allegations of rorting 250:Taxation in Australia 17:Wine equalisation tax 255:Value added taxes 262: 229: 228: 226: 224: 213: 207: 206: 204: 202: 181: 175: 174: 172: 170: 151: 145: 144: 142: 140: 125: 103: 98: 97: 89: 87:Australia portal 84: 83: 82: 270: 269: 265: 264: 263: 261: 260: 259: 245:Australian wine 235: 234: 233: 232: 222: 220: 215: 214: 210: 200: 198: 183: 182: 178: 168: 166: 153: 152: 148: 138: 136: 127: 126: 122: 117: 109:Australian wine 99: 92: 85: 80: 78: 75: 63: 55:Josh Frydenberg 51: 42: 33: 12: 11: 5: 268: 266: 258: 257: 252: 247: 237: 236: 231: 230: 208: 176: 160:www.aph.gov.au 146: 134:www.ato.gov.au 119: 118: 116: 113: 112: 111: 105: 104: 90: 74: 71: 62: 59: 50: 47: 41: 38: 32: 29: 13: 10: 9: 6: 4: 3: 2: 267: 256: 253: 251: 248: 246: 243: 242: 240: 219: 212: 209: 197: 193: 192: 187: 180: 177: 165: 161: 157: 150: 147: 135: 131: 124: 121: 114: 110: 107: 106: 102: 96: 91: 88: 77: 72: 70: 68: 60: 58: 56: 48: 46: 39: 37: 30: 28: 26: 22: 18: 221:. Retrieved 211: 199:. Retrieved 189: 179: 167:. Retrieved 159: 149: 137:. Retrieved 133: 123: 64: 52: 43: 34: 20: 16: 15: 101:Wine portal 239:Categories 223:10 October 139:10 October 115:References 31:Background 201:9 October 169:9 October 25:Australia 73:See also 61:Reforms 40:Rebates 196:Sydney 225:2017 203:2017 171:2017 141:2017 21:WET 241:: 194:. 188:. 162:. 158:. 132:. 227:. 205:. 173:. 143:. 19:(

Index

Australia
Josh Frydenberg
Parliament of Australia
Australia portal
icon
Wine portal
Australian wine
"Wine equalisation tax"
"Wine equalisation tax rebate"
Parliament of Australia
"Wine Equalisation Tax rebate: a rort?"
The Sydney Morning Herald
Sydney
"Wine Equalisation Tax rorting set to end"
Categories
Australian wine
Taxation in Australia
Value added taxes

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