Staff explains difference between excise and sales taxes; Streamline concerns noted
Committee discussed structural differences between excise and sales taxes, the potential Streamline sales-tax implications of labeling a sales-like charge an excise, and the existing cannabis excise tax as an example.
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Committee staff sketched the legal and practical differences between sales taxes and excise taxes and warned against labeling a sales-like broad-based charge as an excise in a way that could conflict with Streamline Sales Tax governing principles.
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