02 Apr 09 2 Taxpayer alerts on WET issuedOn 1 April 2009, the ATO issued the following 2 Taxpayer Alerts:
- TA 2009/6 Use of uncommercial indirect marketing arrangements to reduce wine equalisation tax (WET)
- TA 2009/7 Uncommercial contract manufacture arrangements to claim the wine equalisation tax (WET) producer rebate
”We know these arrangements are in the market and are warning wine growers, producers and retailers to be cautious about entering into these arrangements as they may be ineffective under the law,” Mr D’Ascenzo said.
For a copy of the ATO media release, No 2009/24, go here.