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The Parliament of the
Commonwealth of Australia
HOUSE OF REPRESENTATIVES
Presented and read a first time
A New Tax System (Wine Equalisation Tax Imposition—Excise) 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 a duty of excise
Contents
1............ Short title............................................................................................. 1
2............ Commencement................................................................................... 1
3............ Imposition........................................................................................... 2
4............ Rate..................................................................................................... 2
5............ Act does not impose a tax on property of a State................................ 2
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 a duty of excise
The Parliament of Australia enacts:
1 Short title
This Act may be cited as the A New Tax System (Wine Equalisation Tax Imposition—Excise) Act 1999 .
2 Commencement
This Act commences on 1 July 2000.
3 Imposition
(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 a duty of excise within the meaning of section 55 of the Constitution.
4 Rate
The rate of wine tax payable under the A New Tax System (Wine Equalisation Tax) Act 1999 is 29%.
5 Act does not impose a tax on property of a State
(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.