Managing excise taxes: Insights for multiple industries
An on-demand webcast series
INSIGHT ARTICLE |
Discover the importance of proper excise tax planning in this 5-part webcast series
Excise taxes apply to a range of industries, most notably manufacturing, production, distribution and transportation, and are often complex and frequently misunderstood. In this series of brief, on-demand webcasts, RSM excise tax specialists discuss the basics of five common excise tax areas and how proper planning can reduce your overall excise tax liability or increase the opportunity for related tax credits.
The continued focus on environmental protection and federal deficits compels the federal government to ensure that companies properly remit excise taxes. Business leaders and tax directors need certainty regarding which taxes apply to their business operations. Watch the presentations below to learn which products and materials are subject to each excise tax—and which are exempt—so that your business can be certain it is properly managing these tax responsibilities.
Businesses that import products containing ODCs are subject to federal excise tax. Proper planning can reduce this tax and mitigate audit risk.
Importers, manufacturers and purchasers of medical devices must understand how this excise tax is applied and where exemptions exist.
Excise taxes are applied to four main fuel types with exemptions available for nontaxable uses. Discover how to proactively manage this tax burden.
Discover how the retail excise tax and the highway motor vehicle use excise tax apply to trucks, trailers and tractors, and where tax exemptions apply.
Users and producers of alternative fuels may be eligible for various excise tax and income tax credits.