4041 imposes excise taxes
on fuels used for specific purposes, including powering highway vehicles, trains, motor vehicles, motorboats, and aircraft.
Bliss said because of lower new car sales and the aging of the vehicle fleet, the DOR last year verbally advised municipalities to not overestimate what they would receive from motor vehicle excise taxes
Federal retail excise taxes
are currently imposed on, but not limited to, the following goods: special motor fuels, compressed natural gas, alcohol fuels, fuels used on inland waterways, and truck, trailer, and semitrailer chassis and bodies, and tractors.
In January of 2003 a coalition made up of these seven top tobacco- producing states came together to work on increasing their tobacco excise taxes
to at least the current national 69 cent average.
It's at the state level that much of the real action on tobacco issues takes place--from excise taxes
to anti-smoking laws to how strictly laws against selling to minors are enforced.
38(b)(20) and 5011, for certain distilled spirits wholesalers and for the costs of carrying Federal excise taxes
on bottled distilled spirits, effective for tax years beginning after Sept.
These losses and gains are significant when considering they are largely the result of higher or lower prices due to excise taxes
," Berthoud said.
And the Bankruptcy Code grants priority to excise taxes
, without further definition or limitation.
5 million in income for recovery of federal excise taxes
("FET") paid since August 2005, following the retroactive elimination of the excise tax.
4958 intermediate sanctions excise taxes
, which penalize individuals and exempt organization managers who participate in "excess benefit" transactions, will apply automatically in certain situations.
The Court of Appeals for the Sixth Circuit, however, disagreed, noting that pension excise taxes
are entitled to priority and the Bankruptcy Court is without power to recharacterize it and subordinate it as a penalty.
These payments will be provided and secured by a pledge of and lien on the city's excise taxes