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to 82% (53) thus theoretically adding 23 to 31¢ to the retail price of a can of beer (54). These increases are effective this afternoon. I estimate the additional revenue yield in 1985-86 to be $125 million.
(53) The increases in the duty rate per hectolitre will be -
Present duty rate
$/hL
Proposed duty rate
$/hL
% increase in
basic rate
Imported beer original
gravity not exceeding 10300
81.40
120
47
in addition for every
degree over 10300
2.20
4
82
local beer original
gravity not exceeding 10300
66.00
120
82
in addition for every
degree over 10300
2.20
4
82
(54) Local beer is produced for sale at 104800G and the duty was $1.056 per litre or $0.369 per can. Duty on imported beer at 104800G was $1.21 per litre or $0.423 per can. The differential rate in favour of local beer was about $0.054 per can whereas the difference in retail price was much greater. Recent statistics indicate a trend of increasing consumption of locally produced beer. Assuming that this increase in duty is passed on in full to the consumer, the effect on arbitrarily selected brands of beer would be -
Approximate retail price per can ($)
Duty increase
($)
% increase
Local
Carlsberg
2.10
0.31
14.8
San Miguel
1.80
0.30
16.8
Imported
Tsingtao
2.20
0.26
11.8
Heineken
2.90
0.26
9.0
Pabst Blue Ribbon
2.50
0.25
10.0
Kirin
2.20
0.23
10.5
G.F. 316
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