Coconut Jack Pl
Base Price:
This amount represents what the State of Michigan paid for the liquor (including the Federal Excise Tax), plus a 65% markup to pay the distribution costs and provide revenue for the State and the retail licensees.
Number of Bottles in a Pack: 6
The number of bottles per case when purchasing from a Specially Designated Distributor (SDD).
On Premises Price: $14.17
The price paid by on-premises licensees, such as bars, restaurants and hotels. The price includes the 17% licensee discount and the specific taxes of 4% + 4% + 4%, computed on the marked-up cost.
Off Premises Price: $14.45
The price paid by SDD licensees for liquor to be consumed off the licensed premises. This price includes the 17% licensee discount and the specific taxes of 4% + 4% + 4% + 1.85%, computed on the marked-up cost.