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Which of the following is an example of something that contains an excise tax?

Excise tax examples Alcohol (per-unit) Firearms/ammunition (per-unit) Indoor tanning services (percentage of price) Gasoline and diesel (per unit)

Where do I pay past due excise tax in Massachusetts?

I received notice that my excise tax is past due and with the Deputy Collector. How do I make payment? Payments in the form of cash or money order are accepted at the Treasurer/Collectors office during regular hours. Credit or debit card payments can be made online at JohnBrady.com or via telephone at 781.545.

Can I pay my excise tax online in Massachusetts?

Pay your bill online You can pay your excise tax through our online payment system. You need to enter your last name and license plate number to find your bill.

What is excise duty and example?

Excise duty is an indirect tax which has been subsumed by the Goods and Services Tax or GST. However, there are certain items on which excise duty is still charged. For example, alcohol, tobacco, and fuel.

What is known as excise tax?

Excise taxes are taxes that are imposed on various goods, services and activities. Such taxes may be imposed on the manufacturer, retailer or consumer, depending on the specific tax.

What is the late fee for excise tax in Massachusetts?

If an excise is not paid within 30 days from the issue date, the local tax collector will send a demand with a fee for $5. In addition, interest will accrue on the overdue bill at an annual rate of 12 percent from the day after the due date.

What are the types of excise?

Basic Excise Duty It includes all the excisable products manufactured in India except salt. Central Excises and Salt Act, 1944, Section 3 is the foundation for the basic excise duty. Education cess is considered an excise duty ing to Section 93 of Finance (No.

Are excise taxes deductible on 990-PF?

There is an excise tax on the net investment income of most domestic private foundations. This tax must be reported on Form 990-PF, Return of Private FoundationPDF, and must be paid annually at the time for filing that return or in quarterly estimated tax payments if the total tax for the year is $500 or more.

What is calculated on a 990-PF?

Form 990-PF is an annual information return filed by certain private foundations to report their revenue and expenses, activities, names of trustees and officers, application information, and a complete grants list.

What happens if you don t pay your excise tax in Massachusetts?

If you still fail to pay the excise, the deputy collector or collector will notify the Registrar of Motor Vehicles (RMV) within a 2 year period after the original excise bill was mailed. The RMV will then mark your license and registration as unable to be renewed.

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