The FTA further confirmed that, with the implementation of the new mechanism, carbonated drinks will no longer be classified ...

The tax will apply to ready-to-drink beverages as well as concentrates, powders, gels, extracts and other forms that can be ...

Consumption tax is a tax on goods or services – what you spend, rather than what you earn. In the United States, consumption ...

When state lawmakers begin the 2026 legislative session Jan. 21, they will be forced to navigate some unusual and unwelcome ...

Individuals and businesses in the state of Washington affected by severe storms, straight-line winds, flooding, landslides ...

On January 1, no tax on tipped wages and overtime pay also went into effect in Michigan. The deduction will only be available ...

Starting 1 January 2026, the new mechanism for calculating Excise Tax on Sweetened Drinks based on the “Tiered-Volumetric Model” will come into force in the UAE.Under this model, the amount of tax ...

The state acknowledged challenges facing legal marijuana businesses and passed Assembly Bill 564 to “provide immediate tax ...

Regulations updated to link tax to sugar levels, tighten reporting, streamline procedures Certain health-related products are exempt under the revised framework. These include items used to help ...

The Treasury and the Internal Revenue Service say guidance is forthcoming on a new method for recovering federal excise tax paid on dyed fuel established under the One Big Beautiful Bill Act.

UAE consumers will have to pay excise tax on sweetened drinks based on the total quantity of sugar from this week, for four ...