This bulletin has been revised to clarify the tax treatment of personal and promotional liquor consumption and spillage and breakage and replaces the previous version issued January, 1998. Liquor Consumption Tax (LCT) must be paid on the purchase cost of all liquor consumed by business owners or staff and on any product given away free of charge. The LCT owing should be recorded as “Net Tax Collected” on the return. Detailed records of personal consumption, promotional giveaways and spillage or breakage must be maintained for audit verification.
Saskatchewan Information Bulletin LCT-1, “The Liquor Consumption Tax”
Tax Development Aug 14, 2009