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Wine equalisation tax, the Glossary

Index Wine equalisation tax

Wine equalisation tax (WET) is a tax imposed on wine made, imported, or sold by wholesale in Australia.[1]

Table of Contents

  1. 6 relations: Australia, Australian wine, Josh Frydenberg, Parliament of Australia, Sydney, The Sydney Morning Herald.

  2. Australian wine
  3. Taxation in Australia
  4. Value added taxes

Australia

Australia, officially the Commonwealth of Australia, is a country comprising the mainland of the Australian continent, the island of Tasmania, and numerous smaller islands.

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Australian wine

The Australian wine industry is one of the world's largest exporters of wine, with approximately 800 million out of the 1.2 to 1.3 billion litres produced annually exported to overseas markets.

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Josh Frydenberg

Joshua Anthony Frydenberg (born 17 July 1971) is an Australian former politician who served as the treasurer of Australia and deputy leader of the Liberal Party from 2018 to 2022.

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Parliament of Australia

The Parliament of Australia (officially the Parliament of the Commonwealth and also known as Federal Parliament) is the legislative body of the federal level of government of Australia.

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Sydney

Sydney is the capital city of the state of New South Wales and the most populous city in Australia.

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The Sydney Morning Herald

The Sydney Morning Herald (SMH) is a daily tabloid newspaper published in Sydney, Australia, and owned by Nine.

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See also

Australian wine

Taxation in Australia

Value added taxes

References

[1] https://en.wikipedia.org/wiki/Wine_equalisation_tax