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 ...

The Covid-19 pandemic blew up budget deficits in low- and middle-income countries, pushing many toward or into precarious financial straits. There is also growing pressure on policymakers to soften ...

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 ...

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 ...

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 ...