When considering a fuel excise tax
issue, practitioners should be aware that while both Secs.
Petkova informed that the excise tax
rate was to increase gradually in the period 2015-2017, reiterating that the level would remain unchanged in 2014.
In fiscal 2009, Shrewsbury received $500,000 less in excise tax
than the year before.
As shown in Figure B, total retail excise tax
in the last 10 fiscal years reached a low in 2003, before rebounding and steadily climbing in FY 2004-2006.
EXPANSION OF EXCISE TAX
RELIEF UNDER THE VFC PROGRAM
Despite these repeated losses, the IRS continues to mandate that the telecommunications carriers collect the Communications Excise Tax
from taxpayers with respect to services the per-call charges for which do not vary based on distance (the telecommunications carriers are collection agents for the IRS with respect to the tax).
No firm of which we are aware has developed an excise tax
practice with a national scope," said Rick Speizman, Federal Tax partner in KPMG's WNT practice.
An amendment offered by Senator Kennedy (D-MA) to raise the excise tax
The Rubber Manufacturers Association commended the House of Representatives for its historic action in voting to repeal the excise tax
on highway use truck tires.
In Texas, where he foresaw a possible attempt to raise the excise tax
, Smoking Gun bluntly equated campaign contributions with "buying," usually a no-no word for influence-peddlers: "Our new comptroller--the person to whom the governor and legislators look for the state's financial guidance--will be John Sharp.
The excise tax
on reversions of excess pension plan assets to the employer on termination of a pension plan also goes up.
United States, the Internal Revenue Service held that, under the doctrine of equitable recoupment, those excise tax
payments could be used to offset the income tax due.