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New Process for Excise Tax Collections
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I read this article in the St. Thomas Source.
I have to admit that I really don't understand the "new" process but from the sound of it, its much worse that the old excise tax scheme.
I would be interest to know what others think of this and if anyone has any knowledge of how this will actually work.
Posted : January 11, 2019 1:46 pm
In summary, since you are a manufacturer of printed material, you will have to pay an excise tax based on your gross sales.
Posted : January 12, 2019 8:39 am
Topic starter
Posted by: CruzanIronIn summary, since you are a manufacturer of printed material, you will have to pay an excise tax based on your gross sales.
Perhaps I'll just add it as a line item on invoices.
Posted : January 14, 2019 8:06 am
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