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I am a wine producer. How do I calculate the Commonwealth producer rebate for my cellar door and mail order retail sales and wine used for tastings?

April 26, 2017CALCULATE Cellar commonwealth door mail producer rebate retail Wine

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I am a wine producer. How do I calculate the Commonwealth producer rebate for my cellar door and mail order retail sales and wine used for tastings?

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The Commonwealth producer rebate is 14% of the taxable value used to calculate the WET on rebateable dealings. For grape wine you can use either of the following two methods to calculate the taxable value.