Commonwealth Consolidated Acts

A NEW TAX SYSTEM (WINE EQUALISATION TAX) ACT 1999 - SECT 2.1

                   This Act is about the wine equalisation tax (or wine tax).

                   The wine tax is a single stage tax applying (in most cases) to dealings in wine at the wholesale level. In almost all dealings to which it applies, the GST will also apply.

Note 1:       Wine is widely defined in Subdivision 31‑A. It can apply to beverages fermented from any fruit or vegetable. It also extends to cider, perry, mead and sake.

Note 2:       The wine tax is imposed by 3 Acts:

(a)           the A New Tax System (Wine Equalisation Tax Imposition--General) Act 1999 ; and

(b)           the A New Tax System (Wine Equalisation Tax Imposition--Customs) Act 1999 ; and

(c)           the A New Tax System (Wine Equalisation Tax Imposition--Excise) Act 1999 .