AUSTRALIA: Government axes plans for grape tax

By Tony Baker | 15 August 2001

The Australian Taxation Office has hurriedly cancelled a plan to impose the country's 10% goods and services tax on grapes following intervention by the Federal Treasurer, Peter Costello. The Federal Government faces a general election probably before the end of this year. Bizarrely, the scheme, which outraged producers, would have raised no extra revenue for the government but cost the producers millions of dollars in compliance and result in cash-flow problems.

just-drinks articles are only available to registered users and members.

Join now for increased access

There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.

If you’re already a member, login here.

The Australian Taxation Office has hurriedly cancelled a plan to impose the country's 10% goods and services tax on grapes following intervention by the Federal Treasurer, Peter Costello. The Federal Government faces a general election probably before the end of this year. Bizarrely, the scheme, which outraged producers, would have raised no extra revenue for the government but cost the producers millions of dollars in compliance and result in cash-flow problems.

  • Unlimited access to all the latest global beverage news and insight
  • Expert analysis that puts the news into context
  • Exclusive interviews with leading industry figures
  • Monthly management briefings with detailed analysis on hot topics
  • Personalised RSS feeds and email newsletters
  • 10-year archive of news, insight and intelligence
  • Discounts on just-drinks market research
  • Plus much more

If you’re already a member, login here

Not what you were looking for?

Search just-drinks:

just-drinks tagline

Not a member? Join here

Decrease font sizeDecrease font sizeDecrease font size Increase font sizeIncrease font sizeIncrease font size Comment on this article Email this to a friend Print this page