BusinessMirror

Cutting excise tax on petroleum to benefit only car owners–bank

THE proposal to cut excise taxes on petroleum products is a “populist measure” which will benefit only the car-owning middle- ...
ABS-CBN on MSN

What's the difference between excise tax and VAT - and why we pay both

Marikina 2nd District Rep. Miro Quimbo, chairperson of the committee on ways and means, explained Friday the difference ...
JD Supra

Final Regulations on the Section 4501 Excise Tax on the Repurchase of Corporate Stock

On November 24, 2025, the IRS published final regulations (the “Final Regulations”) providing comprehensive guidance on the application of the excise tax on repurchases of corporate stock under ...
JD Supra

IRS Finalizes Regulations on Stock Buyback Excise Tax

On November 24, 2025, the US Department of the Treasury and the IRS issued final regulations on Section 4501, 1 which imposes a 1% excise tax on certain repurchases of stock of publicly traded ...
Orange County Register

Newsom signs a tax cut in California

This week, California Gov. Gavin Newsom signed legislation rolling back an increase to the state excise tax imposed on the legal marijuana industry, which has struggled to compete with the black ...