Calculator

Document Sample
Calculator Powered By Docstoc
					Distiller
I-1183 Bottle Pricing Calculator
During first 2 years of Licensure
Price for a 750 mL bottle
                                                                                                                                                                                                                 Owed to the State
                                                                 On Premises        Off Premises                          Out of State                                                              On Premises        Off Premises                          Out of State
Selling to a…                                Retail Customer                                            Distributor                                                            Retail Customer                                             Distributor
                                                                  Licensee            Licensee                               Sales                                                                   Licensee            Licensee                               Sales
Cost of Goods                                    $6.50              $6.50               $6.50              $6.50             $6.50                  Distributor Fee Rate             0.0%              10.0%               10.0%               0.0%             0.0%
Distiller Markup                                 52.0%              35.0%               35.0%              25.0%            25.0%                   Retailer Fee Rate                17.0%             0.0%                0.0%                0.0%             0.0%
                            Listing Price1        $9.88              $8.78              $8.78              $8.13              $8.13                 Fees Paid to WSLCB               $1.68              $0.88              $0.88              $0.00              $0.00
                                                                                                                                                    Taxes Paid to DOR                $4.85              $3.03              $0.00              $0.00              $0.00
Times State Spirits Sales Tax
RCW 82.08.150 (1) - 15%                          15.0%               N/A                 N/A                N/A                N/A
RCW 82.08.150 (2) - 10%                           N/A               10.0%                N/A                N/A                N/A
RCW 82.08.150 (4) - 2.1%                          2.1%               1.4%                N/A                N/A                N/A
RCW 82.08.150 (6)(a) - 3.4%                       3.4%               N/A                 N/A                N/A                N/A
RCW 82.08.150 (6)(b) - 2.3%                       N/A                2.3%                N/A                N/A                N/A
                     Spirits Sales Tax           20.5%              13.7%                 0                  0                  0

Plus Liter Tax2
RCW 82.08.150 (3)                                $1.290             $1.290               N/A                N/A                N/A
RCW 82.08.150 (4)                                $0.181             $0.181               N/A                N/A                N/A
RCW 82.08.150 (5)                                $0.053             $0.053               N/A                N/A                N/A
RCW 82.08.150 (6)(c)                             $0.308             $0.308               N/A                N/A                N/A
RCW 82.08.150 (7)                                $0.998             $0.000               N/A                N/A                N/A
                                 Liter Tax       $2.828             $1.831                0                  0                  0
                               Final Price       $14.73             $11.81              $8.78              $8.13              $8.13

1
    Per RCW 82.08.150 (9) "the selling price quoted in any price list does not include the taxes imposed by this section"
2
    Liter Tax rates are based on a 750 mL bottle size
     Total tax per liter is $3.7708 for retail sales and $2.4408 on sales to on-premises licensees
     To convert a 750 mL to a liter divide the liter tax listed above by 0.75

Customer Definitions
Retail Customer- A member of the general population purchasing a bottle for personal consumption
On Premises Licensee- A Licensee purchasing spirits for on premise by the drink sales, a restaurant spirits licensee or bar
Off Premises Licensee- A Spirits Retail Licensee purchasing spirits for retail sales or sales to another licensee
Distributor- The holder of a Distributor's License
Out of State- Sales to an out of state customer

In the case of a Distiller selling directly to a Retailer, the Distiller acts as the Distributor and must pay the 10% Distributor fee
Distillers are not held to the $150 million collective spirits distributor license fee due May 31, 2013
The $150 million collective distributor licensee fee is a responsibility of only those entities holding a distributor license
Taxes are collected at the final point of sale and paid to the Department of Revenue
License fees are paid to the WSLCB

    Disclaimer: The contents in this draft calculator are informational, based on WSLCB’s current interpretations and policy decisions. WSLCB makes no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability of this
                      calculator. WSLCB also accepts no responsibility for damages that may arise from the use of this draft informational calculator. Any reliance you place on the information in this calculator is therefore strictly at your own risk.
Craft Distiller
I-1183 Bottle Pricing Calculator
During first 2 years of Licensure
Price for a 750 mL bottle


                                                              On Premises      Off Premises
Selling to a…                               Retail Customer                                       Distributor
                                                               Licensee          Licensee
Cost of Goods                                   $6.50            $6.50             $6.50             $6.50
Distiller Markup                                52.0%            35.0%             35.0%             25.0%
                           Listing Price1       $9.88            $8.78             $8.78             $8.13

Times State Spirits Sales Tax
RCW 82.08.150 (1) - 15%                         15.0%            N/A                N/A               N/A
RCW 82.08.150 (2) - 10%                          N/A            10.0%               N/A               N/A
RCW 82.08.150 (4) - 2.1%                         2.1%            1.4%               N/A               N/A
RCW 82.08.150 (6)(a) - 3.4%                      3.4%            N/A                N/A               N/A
RCW 82.08.150 (6)(b) - 2.3%                      N/A             2.3%               N/A               N/A
                     Spirits Sales Tax          20.5%           13.7%                0                 0

Plus Liter Tax2
RCW 82.08.150 (3)                               $1.290          $1.290              N/A               N/A
RCW 82.08.150 (4)                               $0.181          $0.181              N/A               N/A
RCW 82.08.150 (5)                               $0.053          $0.053              N/A               N/A
RCW 82.08.150 (6)(c)                            $0.308          $0.308              N/A               N/A
RCW 82.08.150 (7)                               $0.998          $0.000              N/A               N/A
                               Liter Tax        $2.828          $1.831               0                 0
                             Final Price        $14.73          $11.81             $8.78             $8.13

1
    Per RCW 82.08.150 (9) "the selling price quoted in any price list does not include the taxes imposed by this section"
2
 Liter Tax rates are based on a 750 mL bottle size
  Total tax per liter is $3.7708 for retail sales and $2.4408 on sales to on-premises licensees
  To convert a 750 mL to a liter divide the liter tax listed above by 0.75
* - ESB 6635, Laws of 2012 exempted craft distilleries from the 17% Retail Licensing fee as of May 2, 2012.
Customer Definitions
Retail Customer- A member of the general population purchasing a bottle for personal consumption
On Premises Licensee- A Licensee purchasing spirits for on premise by the drink sales, a restaurant spirits licensee or bar
Off Premises Licensee- A Spirits Retail Licensee purchasing spirits for retail sales or sales to another licensee
Distributor- The holder of a Distributor's License
Out of State- Sales to an out of state customer

Retail sales by Craft Distillers are limited to 2 liters, per person, per day.
In the case of a Distiller selling directly to a Retailer, the Distiller acts as the Distributor and must pay the 10% Distributor fee
Distillers are not held to the $150 million collective spirits distributor license fee due May 31, 2013
The $150 million collective distributor licensee fee is a responsibility of only those entities holding a distributor license
Taxes are collected at the final point of sale and paid to the Department of Revenue
License fees are paid to the WSLCB

  Disclaimer: The contents in this draft calculator are informational, based on WSLCB’s current interpretations and policy decisions. WSLC
                    calculator. WSLCB also accepts no responsibility for damages that may arise from the use of this draft informational
                                                                                     Owed to the State
               Out of State                                               On Premises   Off Premises
                                                        Retail Customer
                  Sales                                                    Licensee       Licensee
                  $6.50          Distributor Fee Rate        0.0%            10.0%          10.0%
                 25.0%           Retailer Fee Rate*          0.0%             0.0%           0.0%
                   $8.13         Fees Paid to WSLCB         $0.00            $0.88         $0.88
                                 Taxes Paid to DOR          $4.85            $3.03         $0.00

                    N/A
                    N/A
                    N/A
                    N/A
                    N/A
                     0



                    N/A
                    N/A
                    N/A
                    N/A
                    N/A
                     0
                   $8.13

posed by this section"




rant spirits licensee or bar
 ther licensee




st pay the 10% Distributor fee

ing a distributor license
ations and policy decisions. WSLCB makes no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability
he use of this draft informational calculator. Any reliance you place on the information in this calculator is therefore strictly at your own risk.
to the State
                         Out of State
           Distributor
                            Sales
               0.0%         0.0%
               0.0%         0.0%
               $0.00        $0.00
               $0.00        $0.00
ut the completeness, accuracy, reliability of this
fore strictly at your own risk.
Distributor - Modified 2/6/2012
I-1183 Bottle Pricing Calculator
During first 2 years of Licensure
Price for a 750 mL bottle
                                                                                                                                                      Owed to the State
                                           On Premises        Off Premises                                                              On Premises         Off Premises
Selling to a…                                                                      Distributor                                                                                  Distributor
                                            Licensee            Licensee                                                                 Licensee             Licensee
Cost of Goods                                 $6.50               $6.50               $6.50                 Distributor Fee Rate            10%                  10%                10%
Distributor Markup                            35.0%               35.0%               25.0%                 Retailer Fee Rate                0%                   0%                 0%
                          Listing Price1        $8.78              $8.78              $8.13                 Fees Paid to WSLCB              $0.88              $0.88               $0.81
                                                                                                            Taxes Paid to DOR               $3.03              $0.00               $0.00
Times State Spirits Sales Tax
RCW 82.08.150 (1) - 15%                         N/A                 N/A                N/A
RCW 82.08.150 (2) - 10%                        10.0%                N/A                N/A
RCW 82.08.150 (4) - 2.1%                        1.4%                N/A                N/A
RCW 82.08.150 (6)(a) - 3.4%                     N/A                 N/A                N/A
RCW 82.08.150 (6)(b) - 2.3%                     2.3%                N/A                N/A
                     Spirits Sales Tax         13.7%                 0                  0

Plus Liter Tax2
RCW 82.08.150 (3)                             $1.290                N/A                N/A
RCW 82.08.150 (4)                             $0.181                N/A                N/A
RCW 82.08.150 (5)                             $0.053                N/A                N/A
RCW 82.08.150 (6)(c)                          $0.308                N/A                N/A
RCW 82.08.150 (7)                             $0.000                N/A                N/A
                               Liter Tax      $1.831                 0                  0
                             Final Price      $11.81               $8.78              $8.13

1
Per RCW 82.08.150 (9) "the selling price quoted in any price list does not include the taxes imposed by this section"
2
Liter Tax rates are based on a 750 mL bottle size
 Total tax per liter is $2.4408 - To convert a 750 mL to a liter divide the liter tax listed above by 0.75

Customer Definitions
On Premises Licensee- A Licensee purchasing spirits for on premise by the drink sales, a restaurant spirits licensee or bar
Off Premises Licensee- A Spirits Retail Licensee purchasing spirits for retail sales or sales to another licensee
Distributor- The holder of a Distributor's License

Entities holding a distributor license are responsible for the $150 million collective distributor license fee due May 31, 2013
Taxes are collected at the final point of sale and paid to the Department of Revenue
License fees are paid to the WSLCB

Disclaimer: The contents in this draft calculator are informational, based on WSLCB’s current interpretations and policy decisions. WSLCB makes no representations or warranties of any kind,
 express or implied, about the completeness, accuracy, reliability of this calculator. WSLCB also accepts no responsibility for damages that may arise from the use of this draft informational
                                           calculator. Any reliance you place on the information in this calculator is therefore strictly at your own risk.
Off Premises Licensee (Retail Licensee)
I-1183 Bottle Pricing Calculator
Price for a 750 mL bottle
                                                                                                                           Owed to the State
                                                                On Premises                                                                On Premises
Selling to a…                                 Retail Customer                                                        Retail Customer
                                                                 Licensee1, 2                                                               Licensee1, 2
                3
Cost of Goods                                     $8.78             $8.94                  Distributor Fee Rate              0%                  0%
Retail Markup                                     52.0%             37.0%                  Retailer Fee Rate                17%                 17%
                                          4
                          Listing Price           $13.35           $12.03                  Fees Paid to WSLCB              $2.27               $2.04
                                                                                           Taxes Paid to DOR               $5.56               $3.48
Times State Spirits Sales Tax
RCW 82.08.150 (1) - 15%                           15.0%             N/A
RCW 82.08.150 (2) - 10%                            N/A             10.0%
RCW 82.08.150 (4) - 2.1%                           2.1%             1.4%
RCW 82.08.150 (6)(a) - 3.4%                        3.4%             N/A
RCW 82.08.150 (6)(b) - 2.3%                        N/A              2.3%
                      Spirit Sales Tax            20.5%            13.7%

Plus Liter Tax5
RCW 82.08.150 (3)                                 $1.290           $1.290
RCW 82.08.150 (4)                                 $0.181           $0.181
RCW 82.08.150 (5)                                 $0.053           $0.053
RCW 82.08.150 (6)(c)                              $0.308           $0.308
RCW 82.08.150 (7)                                 $0.998           $0.000
                               Liter Tax          $2.828           $1.831
                             Final Price          $18.91           $15.51

1
New Off Premises Licensees are limited to 24 liters per sale. Converted CLS have no limit on liters per sale.
2
A retail licensee selling for resale must pay the 10% distributor license fee on resales of spirits
 the licensee has purchased on which no other distributor license fee has been paid
3
It is assumed that the 10% Distributor fee has been passed on in the Cost of Goods
4
Per RCW 82.08.150 (9) "the selling price quoted in any price list does not include the taxes imposed by this section"
5
Liter Tax rates are based on a 750 mL bottle size
 Total tax per liter is $3.7708 for retail sales and $2.4408 on sales to on-premises licensees
 To convert a 750 mL to a liter divide the liter tax listed above by 0.75

Customer Definitions
Retail Customer- A member of the general population purchasing a bottle for personal consumption
On Premises Licensee- A Licensee purchasing spirits for on premise by the drink sales, a restaurant spirits licensee or bar

Retail Licensees are not held to the $150 million collective spirits distributor license fee due May 31, 2013
The $150 million collective distributor licensee fee is a responsibility of only those entities holding a distributor license
Taxes are collected at the final point of sale and dispersed to the Department of Revenue
License fees are paid to the WSLCB

  Disclaimer: The contents in this draft calculator are informational, based on WSLCB’s current interpretations and policy decisions. WSLCB makes no
  representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability of this calculator. WSLCB also accepts no
responsibility for damages that may arise from the use of this draft informational calculator. Any reliance you place on the information in this calculator
                                                             is therefore strictly at your own risk.

				
DOCUMENT INFO
Shared By:
Categories:
Tags:
Stats:
views:16
posted:8/5/2012
language:English
pages:9