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Brief
The A New Tax System (Wine Equalisation Tax Imposition—Customs) Act 1999 is an Act that implements a new tax system by imposing the wine equalisation tax under the wine tax law. The tax, known as wine tax, is payable only to the extent it is a duty of customs within the meaning of section 55 of the Constitution.
The rate of wine tax payable under the A New Tax System (Wine Equalisation Tax) Act 1999 is 29%. This Act does not impose a tax on property of any kind belonging to a State.
The Act commences on 1 July 2000 and may be cited as the A New Tax System (Wine Equalisation Tax Imposition—Customs) Act 1999.
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