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 ...
Washington, D.C.—Congressman Doug LaMalfa, R-Richvale, reintroduced bipartisan legislation to repeal the 12 percent federal excise tax on heavy trucks in partnership with Reps. Pappas, D-NH, LaHood, R ...
On November 24, 2025, the US Department of the Treasury and the IRS issued final regulations on Section 4501, 1 which imposes a 1% excise tax on certain repurchases of stock of publicly traded ...
National Treasury is hatching a plan to increase the rate at which beer and wine are taxed – a move that could see the price ...
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