Excise taxes
are special taxes on specific goods or
activities—such as gasoline, tobacco or
gambling—rather than general tax bases
such as income or consumption.
Publication 510 (2008),
Excise
Taxes Excise
taxes are often included in the
final price of products and services,
and are often hidden to consumers.
Overall excise taxes account for less
than 10 percent of all federal receipts.
All 50 states and many
local municipalities levy excise taxes
of various kinds. Studies show excise
taxes are disproportionately borne by
low-income taxpayers, making them one of
the most regressive components of the
U.S. tax system.
State Excise Taxed Products and Rates
Registration for certain activities. You
are required to be registered for
certain excise tax activities, such as
blending of gasoline, diesel fuel, or
kerosene outside the bulk
transfer/terminal system. See the
instructions for Form 637 for the list
of activities for which you must
register. Also see
Registration Requirements
under
Fuel
Taxes in chapter 1 for
information on registration for
activities related to fuel. Each
business unit that has, or is required
to have, a separate employer
identification number must be
registered. To apply for registration,
complete Form 637 and provide the
information requested in its
instructions. If your application is
approved, you will receive a
Letter of
Registration showing the
activities for which you are registered,
the effective date of the registration,
and your registration number. A copy of
Form 637 is not a
Letter of
Registration.
Here at TaxReturnRefunds.com we provide US tac help for anyone living in any of the following states and overseas,
Alabama AL, Alaska AK, Arizona AZ, Arkansas
AR, California CA, Colorado CO, Connecticut
CT, Delaware DE, District of Columbia DC,
Florida FL, Georgia GA, Hawaii H, Idaho
ID, Illinois IL, Indiana IN, Iowa IA, Kansas
KS, Kentucky KY, Louisiana LA, Maine ME,
Maryland MD, Massachusetts MA, Michigan
MI, Minnesota MN, Mississippi MS, Missouri
MO, Montana MT, Nebraska NE, Nevada NV,
New Hampshire NH, New Jersey NJ, New Mexico
NM, New York NY, North Carolina NC, North
Dakota ND, Ohio OH, Oklahoma OK, Oregon
OR, Pennsylvania PA, Rhode Island RI, South
Carolina, South Dakota, Tennessee TN, Texas
TX, Utah UT, Vermont VT, Virginia VA, Washington
WA, West Virginia WV, Wisconsin WI, and
Wyoming, WY
TurboTax
Turbo Tax Tax Return Online Products
TaxCut
Tax Cut Support and Products From H&R Block
Tax Debt Solutions Free Consultation, Express Tax Relief
© Reprint Rights
Granted When Printed In Full With Active
Links Intact
