What is wine equalisation tax wet wet is a tax of 29

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9.What is Wine Equalisation Tax (WET)?
10.Describe Luxury Car Tax (LCT).
11.Define “Capital Gain Tax” (CGT) and explain its concept.
Authorised by Campus Manager Issue Date 04 May 2015 Doc Name; FNSBKG404 Assessment Task 1 Version 1 Page 6 of 29 12.Define “Fringe Benefit Tax”. Is the FBT reporting year the same as the income tax year?

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