Have you ever wondered why gas, cigarettes or alcohol cost so much? 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 ...

Small businesses that sell goods or services that incur excise taxes need to file IRS Form 720 quarterly. Many, or all, of the products featured on this page are from our advertising partners who ...

As you may have noticed, most states are finding themselves in fiscal straights. States took in $87 billion less in tax revenue between October 2008 and September 2009 than they did in the prior 12 ...

Excise taxes aren't well-understood, but they add up to big money for governments. The first thought most people have about taxes is what a pain it is to prepare your tax return and pay the thousands ...

The IRS has provided data on federal Superfund excise taxes, which started hitting hit resin buyers' invoices July 1. The net result for many plastics processors likely will be higher prices — close ...

Smokers and consumers of chewing tobacco products will now feel a sharp pinch from February 1st, as the Centre rolls out a ...

Get ready for pricier smokes! Starting February 1st, cigarette prices are set to climb due to a new excise duty hike and a 40% GST on tobacco. This move aims to align taxes with public health impacts ...

Is Washington’s capital gains tax an excise or income tax? That’s the question that could soon be presented to the state Supreme Court, and which two University of Washington experts debated over on ...

The proliferation of free plastic shopping bags, coupled with a lack of recycling infrastructure and a general disregard for waste management have turned Indonesia into one of the major contributors ...