A New Tax System (Wine Equalisation Tax) Act 1999
Part 2
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Wine tax
Division 9
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Taxable value
Subdivision 9-B
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Notional wholesale selling price
9-30
9-30
Working out notional wholesale selling prices for retail dealings with wine that is not grape wine
The notional wholesale selling price for a * taxable dealing that is either:
(a) a * retail sale of wine that is not * grape wine ; or
(b) an * AOU connected with retail sales of wine that is not grape wine;
The notional wholesale selling price for a * taxable dealing that is either:
(a) a * retail sale of wine that is not * grape wine ; or
(b) an * AOU connected with retail sales of wine that is not grape wine;
is worked out using the * half retail price method .
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