Alcohol carries an enormous financial burden to the State in terms of healthcare, social care, criminal justice costs and ...

OpEd: Congress has the power to close the double duty drawback loophole, a policy that unfairly benefits foreign tobacco ...

As a former economist for both the U.S. Treasury’s Office of Tax Analysis and the Senate Finance Committee, I have seen ...

Manufacturing sector will bear the brunt of raw material taxation. Extension of tax refund timelines will severely strain cash flow for businesses.

A loophole in U.S. Customs regulations is turning into what could be a multi-billion dollar windfall for international cigarette firms with Mexican-made packs of long-time U.S. brands already flooding ...

The new excise policy aims to create a transparent, accountable, and modern liquor trade system through reforms like ...

The upcoming policy would focus on ‘transparency, quality, and accountability’ in the excise system, chief minister Rekha ...

California drivers are bracing for a double-whammy at the pumps as stricter clean air regulations and an increase in the ...

The Maharashtra government's decision to increase excise duty on Indian Made Foreign Liquor (IMFL) while excluding beer has ...

Liquor stocks stumbled early today as Maharashtra's sharp hike in excise duty rattled investors. At 9:20 AM, shares of United ...

This study models simple (specific only) and mixed (specific and ad valorem) tax policy approaches at five tax burdens. Introducing specific excise to waterpipe tobacco tax results in substantial ...