excise tax

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  • noun

Synonyms for excise tax

a tax that is measured by the amount of business done (not on property or income from real estate)

References in periodicals archive ?
HE Obaid Humaid Al Tayer, Minister of State for Financial Affairs, pointed out that these new amendments to the Cabinet's decision on excise tax are part of the UAE's keenness to reduce harmful consumer practices by establishing a legislative and procedural base that supports national efforts to curb unhealthy practices that cause chronic diseases.
On January 1, 2019, excise tax was raised on tobacco products (except for cigarettes), and on March 1, 2019, excise increased on alcoholic beverages.
In a press statement on Saturday, the FTA explained that the new system offers accurate and transparent procedures for registering excise goods with clear guidelines and standards in addition to the new reporting requirements related to excise tax returns and declarations.
On June 5, 2015, Petron filed an administrative claim for refund of excise tax with the Bureau of Internal Revenue.
2233 increasing the excise tax on tobacco products,' Executive Secretary Salvador Medialdea said in a text message yesterday.
2233 Increasing the Excise Tax on Tabacco Products,' Medialdea said.
Sulaiman bin Salim al A'adi, director general of survey and tax agreements and head of the excise tax working group at the Secretariat General for Taxation, said that SGT has prepared the electronic system in an integrated manner to apply it in all tax operations - registration, licenses, submission of tax return, and suspension or payment of tax.
He said, "The working group has completed these requirements and is completing the remaining procedures required for automated link with the relevant government agencies to activate the systems in a timely manner according to the target timelines." "The working group concerned with the implementation of the excise tax has prepared a guide to explain the implementation processes and procedures for taxpayers, and a brief guide on the frequently asked questions expected from the public.
"Excise tax is a form of indirect tax levied on specific goods that are deemed harmful to human health or the environment.
'This is not yet the effect of the fuel excise tax, but merely a reflection on the movement of international crude prices,' they said.
Upon the implementation of the second tranche excise taxes, gasoline will already be levied P9.00 per liter in excise tax; diesel will have excise tax of P4.50 per liter; kerosene with P4.00 per liter excise tax; and P2.00 per kg for LPG which is the cooking fuel of most Filipino homes.
The Cabinet of Ministers of Azerbaijan has approved new excise tax rates on imported goods, which will come into force on January 22, 2018.
Summary: The tax authority said that some brands of goods that are not yet on the list will be still subject to excise tax
Summary: The GCC Ministers of Finance approved in principle the Value Added Tax (VAT) and Excise Tax treaties.