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 ...
Excise taxes are a tax charged on specific goods or services produced and sold domestically. As a small business owner, it is important to understand how an existing or potential excise tax will ...
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 ...
Excise taxes are sales taxes triggered when you spend money on a particular product, item or service. Federal gasoline taxes are an excise tax. So are state taxes on some vehicle sales, gambling or on ...
TRUE: Health care legislation imposed a 2.3% excise tax on the sale of medical devices as of 1 January 2013. TRUE: The Cabela's chain (and some other stores) mistakenly applied medical excise taxes to ...
As health coverage expands to tens of millions of Americans--through Medicaid expansion in states and the new state health insurance exchanges that will soon begin selling individual health ...
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