News

The National Council (NC) yesterday adopted both the Excise Tax Bill and the Income Tax Bill, along with final recommendations that will now be sent to the National Assembly (NA) for re-deliberation.
Proposed changes this week to the Trump administration’s tax bill take a bit of the sting out of its potential impact on taxpayers in Canada — among other countries — by lowering the cap on proposed ...
The Philippine government is open to reducing the excise tax on fuel, with economists maintaining it is more prudent than providing subsidies to vulnerable sectors.
Retail liquor traders expressed frustration after the Excise Commissioner General and other top officials failed to attend an awareness programme organised by the Sri Lanka Liquor Licensees’ ...
Despite the imposition of a "tax emergency" and the cancellation of all employee leaves, the Excise, Taxation and Narcotics Control Department has failed to meet its tax targets across the ...
THE Court of Tax Appeals (CTA) denied the P32.28-million tax refund claim filed by Petron Corporation, ruling that the oil firm failed to substantiate its entitlement to a refund of excise taxes it ...
The Excise, Taxation, and Narcotics Control Department has failed to meet its property tax and professional tax collection targets for the fiscal year 2024-25 across the Rawalpindi Region as the ...
According to the California Department of Tax and Fee Administration, the tax increase could raise a potential $179.5 million in annual cannabis excise tax revenue.
Older classic cars registered between these certain dates have been hit with new car tax changes in 2025.
An obscure 2015 tweak to an old law allows international tobacco firms to get a refund, called a drawback, of the $1.01 a pack federal excise tax when they import cigarettes into the U.S. as long ...
The Senate Committee on Finance is proposing to raise the endowment tax on private colleges and universities, but not to the extent the recently passed bill in the House calls for, according to a ...
Kurnool: The state excise department has stepped up surveillance at border check-posts in Adoni and its surrounding areas to curb the illegal transport and sale of liquor from Karnataka. With ...