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.
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.
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 ...
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’ ...
EXCISE tax collection on vape products grew in the first four months of the year, following the implementation of a digital stamp verification system, according to the Bureau of Internal Revenue ...
The answer often comes down to an excise tax — a special tax that’s built right into the price of certain goods. So, what is excise tax, and how does it work?
Governor Kevin Stitt signed the motor vehicle excise tax change into law Thursday. House Bill 1183 will simplify how motor vehicle excise tax is determined for vehicle purchases by requiring the ...
House Bill 1183 will simplify how motor vehicle excise tax is determined for vehicle purchases by requiring the tax to be based on the actual sales price of the vehicle.
Lawmakers are right to want to limit the cost of extending the TCJA. Increasing the excise tax on stock buybacks could raise needed revenue but would have notable downsides that need consideration.
Washington breweries warn that proposed beer excise tax hikes could force price increases or closures.
“For over a century, the federal excise tax on heavy-duty trucks has gone from a temporary wartime measure to fund World War I, to an outdated tax that punishes truck buyers,” said LaMalfa.