Washington Liq 774 Form
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People also ask
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Why is alcohol more expensive in Washington?
Up until a few years ago, the State controlled the sale of all spirits through state licensed/operated liquor stores. Part of the reason the taxes are so high is to cover the revenue shortage created by getting the state out of the business. Another big part of the reason is that we don't have an income tax.
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What is Washington liquor tax?
Washington Spirits Sales Tax This includes wines with more than 24 percent alcohol by volume, but excludes certain flavored malt beverages. The Washington spirits tax rate for retail sales to consumers is 20.5%. For additional information, visit the Department of Revenue Washington State Spirits Sales Tax website.
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Why is liquor tax so high in Washington?
But why is the tax so high? “The current liquor tax rate structure was a result of Initiative 1183 that privatized spirits sales in Washington state,” Beverly Crichfield, DOR communications consultant, told The Center Square in an email.
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What state has the highest liquor tax?
Across states, Washington state levies the greatest excise tax rate on distilled spirits, at $36.55 per gallon. Rounding out the five stiffest rates are Oregon ($22.85), Virginia ($22.04), Alabama ($21.67), and North Carolina (16.62). Distilled spirits are taxed the least in Wyoming and New Hampshire.
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How to calculate liquor tax?
Overview: Federal plus State ExciseTax Rates multiplied by the Volume Sold at Retail in Ounces; State Ad Valorem Tax Rate multiplied by the Retail Base Price; and. State Alcohol Sales Tax Rate multiplied by the Retail Base Price.”
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