[Stay on top of transportation news: Get TTNews in your inbox.] Legislation designed to repeal a World War I-era tax on new heavy-duty trucks, tractors and trailers was recently introduced in the U.S.

The IRS on Friday issued final regulations (T.D. 10002) on the Sec. 4501 1% excise tax on corporate stock repurchases enacted by the Inflation Reduction Act of 2022, P.L. 117-169. The final ...

Forbes contributors publish independent expert analyses and insights. I cover changes and new developments in the federal tax law. Jul 25, 2022, 10:38am EDT Jul 25, 2022, 05:06pm EDT This article is ...

Finance Ministry notifies February 1 rollout of new cess and excise laws to keep tobacco, cigarettes and pan masala taxes ...

That’s because Saudi Arabia is introducing a new four-tier excise tax on sweetened beverages starting January 1, replacing ...

The Board of Directors of the Zakat, Tax and Customs Authority (ZATCA) approved amendments to certain provisions of the ...

At the same time, the Excise Department, headed by State Excise Minister Nitin Agarwal, has set new benchmarks in revenue generation while making significant progress in investment promotion and ...

Starting January 1, excise duties on tobacco and alcohol will increase, followed in the spring by hikes in excise rates on ...