We aimed to simulate the introduction of a specific excise tax on waterpipe tobacco consumption, premature deaths and government waterpipe tobacco revenue in Egypt. Methods We took model inputs from ...

The "One Big Beautiful Bill Act" is facing criticism over a provision they say would devastate private foundations. The ...

A new US bill introduces a 3.5% excise tax on overseas remittances from non-citizens, including NRIs and immigrants, ...

The bill modifies the revenue distribution from excise taxes on rum produced in or imported from Puerto Rico and the U.S. Virgin Islands.

Excise taxes apply to a single good, service or activity for a special reason. Examples include fuel, coal and alcohol.

Last week, the US House of Representatives passed H.R. 1, the “One Big Beautiful Bill Act.” This alert highlights the provisions in the Bill ...

According to the EAC Secretariat, trade among the seven member states and the rest of Africa rose by $584.6 million to $4.3 ...

The Internal Revenue Service requires individuals and organizations to pay excise taxes on certain gasoline and environmentally related purchases. While some exemptions apply, the nonprofit ...

The budget reconciliation bill passed by the House of Representatives on May 22, 2025 (the “Reconciliation Bill”), contains a ...

A tax shield is a reduction in taxable income for an individual or corporation achieved through claiming allowable deductions such as mortgage interest, medical expenses, charitable donations ...

A proposed US bill, dubbed 'The One Big Beautiful Bill,' could impose a 3.5% remittance tax on money transfers from the US to ...

A federal tax liability is an amount that’s owed to the government in taxes. It can include income taxes on earnings and capital gains taxes on assets. Both are based on brackets, a percentage ...