Excise taxes

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 - Manufacturing Tax Tips
Manufacturing companies may be liable for manufacturer excise taxes as well as the federal highway vehicle use tax.

Excise Taxes
Related Category: Taxation
governmental levies on specific goods produced and consumed inside a country.

EXCISE TAXES - These are taxes on the sale or use of certain products or transactions. Some common exci...
EXCLUDED CAPITAL GAIN - The part of the realized gain that is "excluded" from taxes. (See capital gains...
EXCLUDED INCOME - See EXCLUSIONS.

Excise taxes proved especially unpopular, and the tax on spirits touched off the Whiskey Rebellion of 1794.

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.

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, ...

The most common excise taxes are on alcohol, tobacco, and gasoline. Excise taxes are used either to discourage consumption of socially undesirable stuff (like alcohol and tobacco) or to raise some easy revenue because the government knows buyers ...

At the local and state level, a consumption tax may take the form of taxes on retail sales and excise taxes on gasoline, tobacco, and alcohol.

Tax Court is a legislative court functioning to adjudicate controversies between taxpayers and the IRS arising out of deficiencies assessed by the IRS for INCOME, GIFT, ESTATE, windfall profit and certain EXCISE TAXES.

A secure storage area in which goods subject to excise taxes or customs duties are stored pending payment of taxes or duties. See also Bonded Goods; Customs Bond; Free Zone.
BOUND RATES ...

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.

excise taxes; they can protect you from creditors and are available in fixed or variable type. The options and variations to choose from are diverse and ensure maximum flexibility to fit your individual investment requirements.

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.

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. They are normally a percentage of the purchase price.

Gross sales less any applicable excise taxes, returns, allowances and discounts or rebates given to customers.
Net WorthExpand/Collapse ...

advertising, however, apparently varies with the way consumers typically obtain price information and make purchase decisions. An unpublished study by Al Ehrbar found gasoline prices to be significantly higher (about 6 percent, net of excise taxes) ...

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.

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 taxes, ...

of or in opposition to any candidate for public office clearly violate the prohibition against political campaign activity. Violating this prohibition may result in denial or revocation of tax-exempt status and the imposition of certain excise taxes.

See also: Excise tax, Expense, Compensation, Administration, Sales tax