A proposed section in the U.S. House of Representatives version of the One Big Beautiful Bill (OBBB) would impose a 3.5 percent excise tax on a remittance of money. This proposal has wide-ranging ...

The new 1% federal excise tax on certain cash and money transfers starting in 2026 is not a nuisance fee you can shrug off. For households that move money across borders, run cash-heavy businesses, or ...

New York may lead the charge on implementation of data excise taxes (i.e., “data mining taxes”) which will impose taxes on businesses that collect personal data. These data excise taxes primarily ...

This interim guidance may be relied upon until regulations addressing the provision are issued. It is expected that the regulations will closely follow the definitions and rules in the notice. The ...

Starting January 1, excise duties on tobacco and alcohol will increase, followed in the spring by hikes in excise rates on gasoline, diesel fuel, heating oils and electricity. Starting next year, ...

Greenwood officials are proposing new wheel and vehicle excise taxes as state lawmakers weigh a measure that would effectively force communities to adopt them. A proposed ordinance establishing a ...