#excise tax
2 stories
Inherited IRA Rules: 10-Year Clock and 25% Penalty
Inherited IRAs must be emptied within 10 years or face 25% tax penalty if missed.
24/7 Wall St. · 1m
Malaysia loses $775m yearly to illegal cigarettes
Illicit tobacco now makes up 55% of the market, costing the government more in lost taxes than it collects from legal sales.
Malay Mail · 1m · 5 views