Bulk Wine exporters abusing WET: Neil McGuigan

The abuse of the Wine Equalisation Tax (WET) rebate by bulk wine traders must be addressed by the Federal Government, according to Australian Vintage CEO Neil McGuigan. The eligibility of New Zealand wine producers has attracted much of the air time in discussions over the WET rebate, but McGuigan told drinks bulletin this is something of an “emotional” issue, in terms of what it actually costs the Federal Government.