The House of Representatives has approved on second reading a bill seeking to rationalize excise tax rates on tobacco and ...

The Bureau of Internal Revenue will have to revise its revenue collection targets if Congress approves the proposed two-year ...

EBITDA stands for Earnings before Interest, Taxes, Depreciation, and Amortization. It is a financial metric that represents the operational profitability of a company. EBITDA essentially answers ...

The Excise, Taxation, and Narcotics Control Department has commenced the distribution of property tax bills across the Rawalpindi division. The bills are based on the new official property rates ...

A tariff is a tax that is levied on imported goods. It is typically used to increase the cost of foreign-made products, particularly those that come from countries that have significantly lower ...

Despite this, the hybrid tobacco excise system increased revenue from GHS220,798,555 (May 2022–April 2023) to GHS454,466,107 (May 2023–April 2024), representing a 106% growth in revenue, even ...

One way to do so without selling shares and being forced to pay taxes on capital gains is to join an exchange fund. An exchange fund, also known as a swap fund, is a partnership among different ...

Many companies are beginning to send out W-2 forms which marks the beginning of an almost three month-long tax season. From late January to mid-April, millions of Americans will be required to ...

A federal government spokeswoman said: “Alcohol excise indexation is a longstanding feature of the tax system under governments of both persuasions that happens automatically twice a year under ...

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Excise tax rates on batteries will be restructured to promote the use of efficient batteries, she said. Tax criteria will be based on energy density (energy per unit of weight) and life cycle ...

In the U.S., consumption tax comes in the form of retail sales tax and excise tax (tax imposed on certain goods or activities, like alcohol or fuel). Need a break? Play the USA TODAY Daily ...