Summary of
findings (dollars
in millions)
|
|||
|
2013
|
2014
|
Difference
|
Gross sales of alcoholic beverages by
liquor stores
|
$ 316.5
|
$ 358.8
|
+ 13.4 %
|
Net taxable sales of alcoholic beverages
by liquor stores
|
$ 289.9
|
$ 136.5
|
- 52.9 %
|
Sales tax collected and remitted by
liquor stores
|
$ 20.3
|
$ 9.6
|
- 52.7 %
|
Excise tax on sales by wholesalers to
liquor stores*
|
$ 10.1
|
$ 15.6
|
+ 54.5 %
|
Figures are rounded and are for calendar
year.
* Wholesalers/distributors pay excise tax
on alcoholic beverages they sell, net of inventory, to liquor stores.
|
Friday, May 1, 2015
Report on sale, taxation of alcoholic beverages
The Division of Taxation today posted its annual report on the sale and taxation of alcoholic beverages.