News

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 excise tax tops out at 8% for universities with a per-student endowment value of $2 million or more, but constitutes a significant increase from the current, flat rate of 1.4%.
The Senate budget bill would have imposed an excise tax on certain wind and solar projects with foreign materials.
California’s excise tax on legal weed is increasing, despite efforts to keep it lower to help the struggling industry. Lawmakers left it out of the state budget.
Senate Republicans on Tuesday abandoned their effort to impose new taxes on solar and wind energy. Text released by the Senate Rules Committee no longer includes a new tax on solar and wind ...
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.
Indiana’s 201% hike in its cigarette excise tax, which takes effect July 1, will reshape consumer behavior, and not necessarily in the way lawmakers expect. While the intent is to boost revenue ...
Maryland's gas tax will decrease by one-tenth of a cent per gallon. Vehicle registration fees are increasing for various vehicle classes. Title fees are doubling, excise tax is increasing, and a ...
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 bill, whose revised text was just released by the Senate, includes a number of significant tax provisions for both corporate taxpayers and nonprofits.