Bizarrely, it would raise no extra revenue for the government but cost the
producers millions of dollars in compliance and result in cash-flow problems.
AUSTRALIA: Oz winemakers angered by grape tax plans
Australian wineries and grape growers are angered by a plan from the Australian Taxation Office to impose the country's 10% goods and services tax on grapes. Bizarrely, it would raise no extra revenue for the government but cost the producers millions of dollars in compliance and result in cash-flow problems.
August 13, 2001