The final regulations clarify that, in such cases, an otherwise disregarded entity is treated as a corporation with respect to the employment and excise taxes
This item addresses the fuel excise taxes
contained in Secs.
The town of Spencer lost about $200,000 in excise taxes
in fiscal 2009, down to $1,138,304 from a high of $1,381,304 the previous year.
Some excise taxes
are earmarked to a Federal fund that is used for a specific purpose related to the nature of the tax.
Even with the kind of information like that found in the new RTI study, raising cigarette excise taxes
in southern, tobacco-producing states has proven to be a formidable challenge.
Yet the tobacco industry has contrived to stifle not only efforts to raise cigarette excise taxes
, but robust debate about the issue as well.
Refunds regarding the earlier years were barred by the statute of limitations on refunds of excise taxes
For excise taxes
, the new rules are proposed to apply to liabilities imposed and actions first required or permitted in periods beginning on or after January 1 following the date the rules are published as final.
Also factored into the rating is the volatility of excise taxes
to economic fluctuations as well as the narrow revenue pledge securing the debt.
The SAFETEA-LU also reforms certain excise taxes
and tries to simplify their application.
For the second time, our studies documented what everyone has always believed to be true -- that high state sales and excise taxes
are counter productive," said Samuel A.
The United States asserted a claim for pension excise taxes
under IRC section 4971(a) (failure to meet minimum funding standards).