House of Representatives

Excise Amendment (Alcoholic Beverages) Bill 2000

Second Reading Speech

McGauran, Peter, MP (Gippsland, Minister for the Arts and the Centenary of Federation, NP, Government)

I move:

That the bill be now read a second time.

The Excise Amendment (Alcoholic Beverages) Bill 2000 is part of a package of amendments to put in place a new taxation regime for alcoholic beverages, primarily to bring to excise alcoholic beverages not currently subject to excise duties, and adjust the rates of excise in light of the removal of the wholesale sales tax.

The bill gives effect to the administrative arrangements for the collection of excise for alcoholic beverages not currently subject to excise. These new arrangements are in anticipation of changes to the excise items and rates in the excise tariff, which will be tabled in parliament at a later time.

Full details of the measures in this bill are contained in the explanatory memorandum.

I commend the bill and present the explanatory memorandum.

Copyright notice

© Australian Taxation Office for the Commonwealth of Australia

You are free to copy, adapt, modify, transmit and distribute material on this website as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).