Australia’s illicit alcohol trade may soon rival tobacco black market
Australia | Excise tax on spirits in Australia climbed to AUD 110.15 (USD 77.50) per litre of pure alcohol after the country’s latest 2 percent inflation hike on 3 August. Australians now pay AUD 30.84 (USD 22) in excise on a 700 ml bottle of a 40 percent ABV spirit – twice the New Zealand rate and more than six times the US rate. On top of excise, Australians also pay GST on booze – a flat 10 percent tax which applies to the final retail price of the product.
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