Excise taxes apply to specific goods and services. Businesses that make or sell chosen goods and services collect most of these taxes. As a consumer, you generally won’t get a bill for excise tax. But ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Samantha (Sam) Silberstein, CFP®, CSLP®, EA, is an experienced financial consultant. She has ...

With no clarity on a new excise policy that has been under preparation for over 33 months, the Delhi government on Friday announced the extension of the existing liquor policy till March 2026 — one of ...

IRS spokesperson Stacy Engle said most excise tax paid by consumers goes toward funding projects the tax is for, such as highway or airport improvements. What is excise tax and where does it go?

GOP gubernatorial candidate Brian Shortsleeve is crowdsourcing his distaste for Gov. Maura Healey’s proposal to allow cities and towns to boost auto excise taxes. Healey has refiled the Municipal ...

An excise tax is a tax levied by the government on a specific good or service; it is paid by the manufacturer or the supplier, rather than the consumer. However, an excise tax, which any level of ...