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This is a Bill, not an Act. For current law, see the Acts databases.
1998-99
The Parliament of
the
Commonwealth of
Australia
HOUSE OF
REPRESENTATIVES
Presented and read a first
time
A New Tax
System (Wine Equalisation Tax Imposition—General) Bill
1999
No. ,
1999
(Treasury)
A Bill
for an Act to implement A New Tax System by imposing the tax payable under the
wine tax law, so far as that tax is neither a duty of customs nor a duty of
excise
ISBN: 0642
391556
Contents
A Bill for an Act to implement A New Tax System by
imposing the tax payable under the wine tax law, so far as that tax is neither a
duty of customs nor a duty of excise
The Parliament of Australia enacts:
This
Act may be cited as the A New Tax System (Wine Equalisation Tax
Imposition—General) Act 1999.
This Act commences on 1 July 2000.
(1) The tax that is payable under the wine tax law (within the meaning of
the A New Tax System (Wine Equalisation Tax) Act 1999) is imposed by this
section under the name of wine equalisation tax (wine
tax).
(2) This section imposes wine tax only so far as that tax is neither a
duty of customs nor a duty of excise within the meaning of section 55 of the
Constitution.
The
rate of wine tax payable under the A New Tax System (Wine Equalisation Tax)
Act 1999 is 29%.
(1) This Act does not impose a tax on property of any kind belonging to a
State.
(2) Property of any kind belonging to a State has the same
meaning as in section 114 of the Constitution.