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George Papanicolaou is a member of the firm’s Wine Industry Group. In this video, he discusses the key issues to consider if establishing a new wine business or restructuring an existing business. A link is also provided to a recent training video on WET tax and tips & traps: https://www.nexiaem.com.au/news/wine-equalisation-tax-training/ Read more
In general, WET is payable on the final wholesale sale of wine. Buying under quote facilitates this intention. Read more