Key differences in the proposed update require organizations to include an explanation of public purpose or benefit within applications and clarifying that any GPET funds aren’t guaranteed until counc ...

Cheniere Energy, the top U.S. exporter of liquefied natural gas, is seeking an estimated more than $140 million in federal tax credits for fueling its LNG tankers with the very gas they’re built to ...

The Goa Excise Department is investigating a truck fire incident that occurred on June 17. Allegations arose in the assembly ...

While the ordinance approved Tuesday night eliminates the excise tax for three years beginning Jan. 1, 2024, and ending Jan. 1, 2027, the tax is slated to return to 8% at the start of 2027 unless ...

A provision imposing a 1% excise tax on corporate stock buybacks in this year's Inflation Reduction Act is likely to have an impact on the use of special purpose acquisition companies as a way of ...

A 40 percent excise tax will be assessed, beginning in 2018, on the cost of coverage for health plans that exceed a certain annual limit ($10,200 for individual coverage and $27,500 for self and ...

A 1,000 percent excise tax on semiautomatic rifles such as AR-15s would mark a drastic increase from any existing federal excise taxes on firearms — a proposal that Beyer is hoping could bypass ...

For example, at an excise tax rate of 1.78 percent, the tax would be $1,780 on a $100,000 debt. Excise tax is paid by the seller of the property.

Eric Solomon of Steptoe & Johnson LLP discusses the new excise tax on corporate stock buybacks and examines the issues that the IRS and Treasury will need to tackle before its implementation.