Consumers can expect to feel the pinch at checkout counters as prices of tobacco, alcohol, and carbonated drinks rise following the implementation of the Excise Tax Bill 2025 in January next year.

Alcohol, tobacco, carbonated drinks, and other non-essential or harmful products will become more expensive starting January 2026, with the National Assembly deciding to increase taxes on these items.

Currently, the EAC Tax Policy and Tax Administration Sub-Committee, with support from the IMF, is conducting harmonisation of excise duty on alcohol, tobacco, non-alcoholic beverages, and fossil fuels ...

Budget 2025–26 introduces sweeping tax incentives for tech exports, startups, and green hydrogen firms, while raising duties on alcohol, tobacco, and luxury goods.

16 states exempt seniors from a portion of their property taxes, while 17 provide tax credits, and five more freeze them in place.

While state lawmakers raise taxes on tobacco products and e-cigarettes to bolster the coffers, small businesses will suffer, Jayson Patel writes.

Finance Minister Enoch Godongwana has announced above-inflation increases for excise duties on alcohol and tobacco.

AUSTIN — Property tax cuts for homeowners won final passage in the Texas House on Wednesday with the unanimous approval of legislation that would raise the state’s homestead exemption from ...

A draft spending bill slated for consideration in the House Ways and Means Committee Tuesday maintains the credit union industry's longstanding exemption from most federal taxes, but the issue is far ...

Public finance lobbyists and bankers breathed a sigh of relief as the key federal subsidy underpinning municipal bonds appeared unscathed in a bill House tax writers released Monday.

Politics Trump-backed tax exemption among nearly 300 bills dead in 2025 Alabama legislative session Updated: May. 06, 2025, 9:09 a.m. | Published: May. 06, 2025, 6:18 ...

United States President Donald Trump wrote on Friday that he would pull Harvard’s tax-exempt status — his second social media vow to weaponize the Internal Revenue Service in the White House ...