IRS Releases Guidance on Taxes for State Paid Leave Programs
The IRS issued guidance on different tax treatment scenarios for contributions to paid family and medical leave programs.
State House preps to vote on plan to eliminate income tax, reduce grocery tax
The plan would eventually cut over $1 billion from the state’s current revenue and add a 5% tax on gasoline sales.
Accounting Today7d
The best and worst states for sales taxes
Data from the Tax Foundation's 2025 State Tax Competitiveness Index ranked which states compete on sales and excise taxes, ...
Sun Star2d
Tax Notes: Amended guidelines and procedures for processing excise tax exemption requests for hybrid and fully electric vehicles
The Bureau of Internal Revenue (BIR) issued Revenue Regulations (RR) 01-2025 on Jan. 6, to revise the guidelines and ...
Bangkok Post13d
Excise taxes on cars to be restructured
The Excise Department is preparing restructure tax rates on automobiles to support the transition from internal combustion ...
BusinessWorld5h
Finance department bats for single tax rate on vapor products
THE DEPARTMENT of Finance (DoF) pushed for a single tax rate on Thursday on all types of nicotine and vapor products to ease the collection burden on the Bureau of Internal Revenue (BIR). “It is very ...
eVnExpress on MSN1d
Indonesia to impose sugary drink tax in July 2025
Indonesia plans to impose an excise tax on sugary packaged beverages starting July 2025, aiming to curb excessive sugar ...
Excise Dept. Extends Deadline for Token Tax Payment in Islamabad
Islamabad Excise and Taxation Department has extended the deadline for token tax payments by 15 days to manage the increasing ...
Petrol and diesel owners to be hit with ‘ten-fold’ car tax increase from this date
Petrol and diesel motorists could be dramatically impacted by new Vehicle Excise Duty (VED) car tax updates set to hit ...