When finance leaders think about excise tax, the conversation often starts and ends with the tax team being a cost center ...

Excise taxes apply to specific goods and services. Businesses that make or sell chosen goods and services collect most of these taxes. As a consumer, you generally won’t get a bill for excise tax. But ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Samantha (Sam) Silberstein, CFP®, CSLP®, EA, is an experienced financial consultant. She has ...

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.

Excise duty is an indirect tax. That means the tax amount is included as part of the selling price. Excise duty, also known as excise tax, is ultimately passed on and paid by the consumer when he ...

The consumer watchdog has vowed to monitor fuel price changes after the government confirmed it would extend the fuel excise ...

The General Tax Authority (GTA) has announced the implementation of a new Excise Tax mechanism on Sweetened Drinks, effective ...

Kenya Revenue Authority removes excise duty on bottled water from 1st July 2026, easing tax burdens and streamlining supply ...