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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 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 ...
Senate GOP removes tax on solar and wind energy but dismantles climate law passed by Democrats By MATTHEW DALY The Associated Press,Updated July 1, 2025, 5:19 p.m.
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 ...
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.
The 3.5% excise tax proposed in President Trump's One Big Beautiful Bill comes with wide-ranging implications for financial institutions engaged in money transmission services.
While attempts have been made in Congress in recent years to repeal the federal excise tax that adds 12% to the sale of new trucks and trailers, none have come to fruition yet despite the trucking ...
Discover how Mississippi’s adjusted taxes will reduce grocery costs and income tax burdens for residents, with increased fuel taxes phased in over a few years.
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