A New Tax System (Wine Equalisation Tax) Act 1999
Part 2
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Wine tax
Division 9
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Taxable value
Subdivision 9-B
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Notional wholesale selling price
9-35
The half retail price method
(1)
The notional wholesale selling price for a * retail sale of * grape wine , worked out using the half retail price method , is 50% of the * price of the sale.
(2)
The notional wholesale selling price for an * AOU connected with retail sales of grape wine, worked out using the half retail price method , is 50% of the * price for which you would normally have sold the wine if the sale were a * retail sale .
The notional wholesale selling price for a * retail sale of * grape wine , worked out using the half retail price method , is 50% of the * price of the sale.
(2)
The notional wholesale selling price for an * AOU connected with retail sales of grape wine, worked out using the half retail price method , is 50% of the * price for which you would normally have sold the wine if the sale were a * retail sale .
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