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 ...

More than 230 years ago, one of the first acts of the First Congress in 1789 included a relatively mundane, but important, tax policy allowing a refund on excise taxes. Unfortunately, this has become ...

MANILA, Philippines — Any suspension of excise taxes on fuel would not be felt immediately by the public since oil companies ...

LEOMINSTER — As was recently done in Fitchburg, Leominster is planning to enact a local option meals excise tax soon in order to help reduce the cost of the Fall Brook Elementary School project and is ...

In 2022, lawmakers introduced a new excise tax on stock repurchases. This one percent tax applies to net share repurchases of large corporations and was projected to raise $73.6 billion over a decade.

The country’s economic managers will determine the possible rates of the proposed oil excise tax cut should President Ferdinand R. Marcos Jr. exercise his emergency powers amid tensions in the Middle ...

MANILA, Philippines — Several ranking lawmakers from the House of Representatives have expressed support for the committee on ways and means’ approval of a bill that seeks to suspend excise taxes for ...