Volumetric taxation

Estimates of the effective rates on excisable products in 2014–15 range from as low as $1.71 per litre of alcohol for low-strength non-commercial beer to $79.38 per litre of alcohol for spirits and ready-to-drink beverages. Estimates of the effective rates for wine range from $2.99 per litre of alcohol for a $15 four-litre cask through to $45.52 per litre of alcohol for a $40 bottle

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From the Parliamentary Budget Office.

Every independant policy thinker says alcohol should be taxed based on the amount of alcohol in the product… In Australia we still have a long, long, long way to go.

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About Ken Mansell

As a stay at home Dad most of the week this is my way of pretending I am still the tax counsel of ASX and SEC listed companies, working at big 4 firms, working at the Federal Treasury, on the Henry Review and at Parliament House for the previous government.
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