A New Tax System (Wine Equalisation Tax) Act 1999
Part 6
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Miscellaneous
Division 27
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Miscellaneous
27-15
Apportionment of global amounts
(1)
If there is a need to know the * price for which particular wine was sold, but the parties have not allocated a particular amount to the wine, the price for which the wine was sold is (for the purposes of the * wine tax law ) the price for which the wine could reasonably be expected to have been sold if it had been sold separately.
(2)
Similarly, if there is a need to know how much of a global amount relates to some other element of a transaction, but the parties have not allocated a particular amount to that element, the amount to be allocated to that element (for the purposes of the * wine tax law ) is the amount that could reasonably be expected to have been allocated to that element if that element had been the only subject matter of the transaction.
If there is a need to know the * price for which particular wine was sold, but the parties have not allocated a particular amount to the wine, the price for which the wine was sold is (for the purposes of the * wine tax law ) the price for which the wine could reasonably be expected to have been sold if it had been sold separately.
(2)
Similarly, if there is a need to know how much of a global amount relates to some other element of a transaction, but the parties have not allocated a particular amount to that element, the amount to be allocated to that element (for the purposes of the * wine tax law ) is the amount that could reasonably be expected to have been allocated to that element if that element had been the only subject matter of the transaction.
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