OPINION: Wine Equalisation Tax disadvantaging Australia’s wine industry

Submissions to the Federal Government’s Wine Equalisation Tax (WET) Rebate Discussion Paper close this Friday – let’s hope this inquiry will bring some equity and simplification, asked Des Caulfield, director at accounting firm MGI Adelaide. “The Australian wine industry is one of the nation’s most competitive industries globally, yet Australia is one of the highest taxed wine nations in the world.”