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Last updated on April 16, 2014 at 21:24 EDT

Latest Excise Stories

2014-03-28 12:22:03

HARRISBURG, Pa., March 28, 2014 /PRNewswire-USNewswire/ -- The CLEAR Coalition today reiterated its support for a shale excise tax and applauded efforts led by Sen. Vincent Hughes to force oil companies reaping profits from Pennsylvania to pay their fair share. Sen. Hughes, the Minority Chair of the Senate Appropriations Committee, announced plans to introduce legislation to impose a 5-percent severance tax on natural-gas drilling in the state's Marcellus Shale region. The tax would...

2014-01-25 20:20:13

NEW ORLEANS, Jan. 25, 2014 /PRNewswire-USNewswire/ -- Dick Witcher, outgoing chairman of the American Truck Dealers (ATD), urged dealers to meet with their members of Congress as "the first step in combating regulatory burdens," and that the work of securing the future of dealerships begins with each of them. (Logo: http://photos.prnewswire.com/prnh/20120201/DC45546LOGO ) "One of the continuing challenges in the months ahead will be advancing our agenda in Washington. We have...

2013-11-05 23:26:40

Epstein ensures compliance with medical device excise tax for companies. Atlanta, Georgia (PRWEB) November 05, 2013 Habif, Arogeti & Wynne, LLP, the largest Georgia-headquartered tax, accounting and business consulting firm, announced today that Ori Epstein has been promoted to senior manager. Clients across the U.S. have questions about the medical device excise tax and its implications to their business. Over the past three years Epstein has focused on the medical device industry,...

2013-10-29 12:33:39

DALLAS, Oct. 29, 2013 /PRNewswire/ -- Ryan, a leading global tax services firm with the largest indirect and property tax practices in North America, today announced that it has entered into a strategic alliance with IGenFuels, an independent tax automation firm specializing in the design and development of the most complete, robust, and customizable motor fuels excise tax software program in the market. The alliance will provide Ryan clients additional value and access to an...

2013-07-31 23:24:54

The Central Board of Excise and Customs (CBEC) said that manufacturer of Sedan cars that includes Honda Civic got excise duty relief, reports The Financial Express. (PRWEB) July 31, 2013 Japanese based automaker Honda Civic will now not have to pay excise duty at the higher rate of 30% levied on SUVs. The Central Board of Excise and Customs (CBEC) said that manufacturer of Sedan cars that includes Honda Civic got excise duty relief, reports The Financial Express. India’s leading online...

2013-07-25 23:01:56

Health concerns, anti-smoking campaigns and increasing taxes and regulatory restrictions have squeezed the industry. For these reasons, industry research firm IBISWorld has updated its report on the Cigarette and Tobacco Product Manufacturing industry in Australia. Melbourne, Australia (PRWEB) July 26, 2013 While the Cigarette and Tobacco Product Manufacturing industry in Australia is restricted to two companies, competition is fierce. Heavy government regulation makes it very difficult...

2013-04-16 16:24:23

WASHINGTON, April 16, 2013 /PRNewswire-USNewswire/ -- The following is a statement of Susan M. Liss, Executive Director, Campaign for Tobacco-Free Kids: (Logo: http://photos.prnewswire.com/prnh/20080918/CFTFKLOGO) President Obama has proposed a 94-cent increase in the federal cigarette tax, and increased taxes on other tobacco products, to protect our children from tobacco addiction and save lives. Predictably, tobacco companies and their allies are attacking the proposal, claiming that...

2012-09-18 02:26:35

NARBERTH, Pa., Sept. 18, 2012 /PRNewswire/ -- Each Autumn, with an eye on the winter months ahead, squirrels gather nuts to prepare for the inevitable change. Hospitals, medical facilities, doctors and long term care facilities may be doing the same this Fall, stocking shelves and purchasing items from their wish list and budgets before a new tax on most medical products goes into effect. The Medical Device Excise Tax (MDET), a component of the Patient Protection and Affordable...

2012-02-10 12:00:00

Survey from Emergo Group finds that regulatory changes are manufacturers' top concern for 2012 Austin, TX (PRWEB) February 10, 2012 According to a new industry survey conducted by global consultancy Emergo Group, medical device manufacturers plan to increase prices for their products in order to offset the effects of a proposed 2.3% excise tax on all device sales in the US set to take effect in 2013. The annual survey queried 180 medical device industry CEOs, Presidents and Managing...

2011-06-13 08:00:00

CAROL STREAM, Ill., June 13, 2011 /PRNewswire/ -- Meyercord Revenue, Inc., a SICPA company, is introducing a new excise tax stamp solution to help curtail the counterfeiting of excise tax stamps and to enable state governments to more effectively collect owed tobacco excise taxes. The next-generation, heat-transfer FUSON OASIS® system includes new overt and covert security features that correspond to the highest available security industry standards for tobacco tax stamps...