LIQUOR PRICING INFORMATION
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The retail price of liquor sold in state stores and Contract Liquor Stores is determined by five elements.
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| 1. |
Distiller's, brewer's or vintner's price to the Board. |
| 2. |
Federal Taxes - excise tax rates on all liquor, plus custom duty rates on imported liquor. |
| 3. |
Freight costs. |
| 4. |
Markup (see table below) is controlled by the Board.
Markup covers operating costs of the State liquor control system
and provides a yearly profit that is shared by the state and local government.
The Board's markup is comparable to the wholesale and retail markup
applied by private businesses and is also expressed as margin on sales for comparative purposes.
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| 5. |
State sales taxes, set by the State Legislature, make up the final cost item (see table below) |
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