The IRS on Friday issued final regulations (T.D. 10002) on the Sec. 4501 1% excise tax on corporate stock repurchases enacted by the Inflation Reduction Act of 2022, P.L. 117-169. The final ...

The tax will apply to ready-to-drink beverages as well as concentrates, powders, gels, extracts and other forms that can be ...

Starting February 1, cigarette prices in India will increase due to a new excise duty structure imposed by the government.

Consumers shop at domestic beauty brand Huaxizi's store near the West Lake in Hangzhou, Zhejiang province, in December. [Photo/China Daily] Implementation of excise tax reforms in China will likely be ...

Forbes contributors publish independent expert analyses and insights. I cover changes and new developments in the federal tax law. Jul 25, 2022, 10:38am EDT Jul 25, 2022, 05:06pm EDT This article is ...

Additional excise duties of 82 per cent on chewing and jarda scented tobacco and 91 per cent on gutkha will apply, over and ...

Excise duty is an indirect tax. That means the tax amount is included as part of the selling price. Excise duty, also known as excise tax, is ultimately passed on and paid by the consumer when he ...

Cigarette prices will continue to rise due to an increase in excise taxes on tobacco products.This is evidenced by the data ...

According to sources, 'The new tax structure on cigarettes will comprise 40% GST + new Central Excise Duty + existing NCCD' ...

ITC shares fell over 4% on Thursday, hitting a 33-month low after the government announced a new excise duty on cigarettes ...

Labor will pause the biannual indexation of the draught beer excise for two years, a move that is likely to knock less than a cent off the cost of a mid-strength pint. Prime Minister Anthony Albanese ...