Australia Taxes RTDs Like Spirits

The Australian government has raised taxes on RTDs (ready-to-drinks) by 70% as a way to curb binge drinking among teenagers. The tax hike is effective immediately. Under the increase, RTDs will be taxed at the same rate as spirits, from $39.36 per liter of alcohol content to $66.67.The new initiative is a part of Australian … Continue reading "Australia Taxes RTDs Like Spirits"

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