Excise Tax Forms and Publications
Form 637, Application for Registration (For Certain Excise Tax Activities) (PDF)
Form 720, Quarterly Federal Excise Tax Return (PDF)
Form 720-CS, Carrier Summary Report (PDF) ...
Excise Taxes
Excise taxes are a wide variety of taxes levied on employers for two main reasons. The first is as a penalty for failing to perform a required action or purposely or accidentally doing something wrong.
Excise Taxes on New Cars
So you're thinking of purchasing a new vehicle for your business? You've done your comparison shopping and have figured out your business needs and budget?
Excise Taxes
Related Category: Taxation
governmental levies on specific goods produced and consumed inside a country.
excise tax
one levied on specific products or services, for specific purposes. For example, an excise tax on gasoline might be used to fund road construction and repair. Excise taxes are levied at all levels of government, primarily federal and state.
EXCISE TAX - a tax imposed by federal, state, and local governments on an act, occupation, privilege, m...
EXCISE TAXES - These are taxes on the sale or use of certain products or transactions. Some common exci...
Excise Tax
Tax or duty on the manufacture, sale, or consumption of commodities.
Excise Tax
Taxes on the manufacture, sale, or consumption of goods, or upon licenses to pursue certain occupations, or upon corporate privileges.
Excise Tax
A domestic tax assessed on the manufacture, sale, or use of a commodity within a country. Usually refundable if the product is exported.
Expiration Date ...
EXCISE TAX
A selective tax sometimes called a consumption tax on certain goods produced within or imported into a country. See also Border Tax Adjustments; Indirect Tax; Road Tax; Tax.
EXCHANGE RATE ...
Excise Tax. A tax imposed on a particular commodity or service. The tax can be imposed at any trade level and can either be a specific tax (the $100 automobile air conditioner tax) or an ad valorem tax (the 10 per cent jewelry tax).
Excise tax
Federal or state tax placed on the sale or manufacture of a commodity, typically a luxury item.
Exclusionary self-tender ...
excise tax a tax paid on the value of goods at the time of purchase. (14)
exclusive dealing a condition of a contract by which a manufacturer does not allow a retailer to sell goods made by a competing manufacturer. (16) ...
Excise tax - A tax on the consumption of certain goods either made in or imported into a country.
EXCISE TAX: A tax on a specific good. This should be compared with a general sales tax, which is a tax on all (or nearly all) goods sold. The most common excise taxes are on alcohol, tobacco, and gasoline.
Excise taxes proved especially unpopular, and the tax on spirits touched off the Whiskey Rebellion of 1794.
- Create an excise tax credit through 2016 for alternative fuels involving compressed or liquefied natural gas
- Create an income tax credit through 2016 for vehicles powered by compressed or liquefied natural gas ...
Excise tax
A tax on consumption of a particular good.
Exercise
To execute the terms of a contract. See option.
Exhaustion
In intellectual property regimes, the transaction at which rights terminate.
A 15% excise tax on "excess" distributions from tax-deferred retirement plans that was repealed by the Taxpayer Relief Act of 1997.
sin tax An excise tax levied on products considered vices (i.e. tobacco and alcohol). Singapore Dollar The currency of Singapore. Learn more about Singapore and the Singapore Dollar at GoCurrency.
Section 4975 of the Internal Revenue Code imposes excise taxes on "prohibited transaction" the definition of which is similar to the definition of prohibited transactions under 406 of ERISA.
In the US, Congress established a luxury tax called the luxury auto excise tax in 1990. This luxury tax was levied on certain passenger vehicles priced above a certain threshold. That luxury tax was phased out in 2003.
tax, estate tax, poll tax, business or professional license fees) or as some form of compulsory surcharge on one or more types of private trade or other voluntary transactions ("indirect taxes" like general sales taxes, specialized excise taxes, ...
In an article titled 'OPEC-a Plan-If You Can't Beat Them, Join Them,' Lerner advocated that the United States and other governments of oil-consuming countries impose a 100 percent excise tax on the difference between OPEC's price and the pre-OPEC ...
Definition: [crh] A 15% excise tax on "excess" distributions from tax-deferred retirement plaDefinition: ns that was repealed by the Taxpayer Relief Act of 1997.
If an excess contribution is not removed prior to the tax return due date (including extensions) by the contributing individual, the excess contribution is subject to the 6% excise tax in the year of contribution.
Corporations are also subject to property tax, payroll tax, withholding tax, excise tax, customs duties, value added tax, and other common taxes, generally in the same manner as other taxpayers.
These taxes are typically excise taxes imposed upon purchases of items such as gasoline, tobacco products, or liquor. Only the revenue collected from that specific tax is available to pay interest and principal due for the securities.
A VAT was historically used when a sales tax or excise tax was uncollectable. For example, a 30% sales tax is so often cheated that most of the retail economy will go off the books.
Federal consumption taxes consist mainly of GST and excise taxes on motor fuel, tobacco products and alcoholic beverages. Provincial consumption taxes consist mainly of retail sales taxes, and provincial taxes on motive fuel and tobacco products.
Gross sales less any applicable excise taxes, returns, allowances and discounts or rebates given to customers.
Net WorthExpand/Collapse ...
If required distributions are not made, the Participant faces an excise tax on a portion of the benefit. Repeated failures to meet these rules may result in program disqualification.
Special physical sites where firms are allowed by the government to delay or avoid paying tariffs on imports. Domestic goods for export may be considered exported for excise tax rebates and drawback purposes upon entering the FTZ zone.
A tax that is proportionate to the value of the property being taxed, such as sales tax; a tax calculated as a flat percentage of sales price. As opposed to a specific tax per unit based on quantity, such as excise tax per package of cigarettes.
Canada Revenue Agency (CRA) uses "90% or more" as their guideline to interpret the words "all or substantially all" in the Income Tax Act and the Excise Tax Act.
Surplus
Earned surplus is the same as retained earnings. See also contributed surplus.
Investment instrument that grants its holder the right to exchange it for the common stock of a firm other than the issuer of the instrument.
Excise tax ...
Canada Revenue Agency (CRA) uses "more than 50%" as their guideline to interpret the word "primarily" in the Income Tax Act and the Excise Tax Act.
Prime rate ...
LIMITED OBLIGATION BONDS - These bonds, while backed by the full faith and credit of the state, are payable primarily from dedicated revenues of the state’s motor vehicle fuel excise tax and other miscellaneous dedicated revenues.
Excise Taxes
In the US, federal and state taxes on the sale or production of certain types of products such as alcohol and tobacco....(Read more)
Exclusion
A clause in an insurance policy which specifies items or conditions not covered.
Domestic goods moved into a zone for export may be considered exported upon entering the zone for purposes of excise tax rebates and drawback. A foreign trade "subzone" is a non-contiguous zone site located at a manufacturing plant.
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perspective of the seller in contrast to other measures, such as the Consumer Price Index (CPI), that measure price change from the purchaser's perspective. Sellers' and purchasers' prices may differ due to government subsidies, sales and excise ...
Employers and the IRS impose severe restrictions on early withdraws of funds before a worker turns 59 ½, including a 20 percent excise tax on the amount withdrawn as well as ordinary income taxes.
Exchange rates - The rate, or price, at which one country's currency is exchanged for the currency of another country.
Excise Tax - Taxes imposed on specific goods and services, such as cigarettes and gasoline.
EXCISE TAX A tax imposed on an act, occupation, privilege, manufacture, sale, or consumption.
EXCLUSIONS Term used to describe income which is exempt, i.e. not included, in the calculation of gross income for tax purposes.
 See also: Expense, Compensation, Administration, Excise taxes, Banks
  
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