July 17, 2022

New Zealand extends fuel excise duty cut until end-Jan to give inflation relief

New Zealand said on Sunday it is extending the duration of cuts in fuel excise tax, road user charges and public transport fares by five months until the end of January, as families struggle with higher living costs amid strong inflationary pressures.
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July 11, 2022

New York regulators identify 52 allegedly illicit marijuana shops

"New York regulators publicly identified the 52 allegedly illicit marijuana stores that were sent cease-and-desist letters earlier this year and reiterated how such shops undercut the state’s equity goals."
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July 11, 2022

North Dakota voters might see recreational marijuana on November ballot

"Backers of a measure to legalize a recreational marijuana market in North Dakota said they have submitted 25,762 signatures by the July 11 deadline. That’s 10,000 more than the 15,582 signatures required to qualify the referendum for the state’s November ballot."
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July 9, 2022

Tax cuts leave California pot businesses wanting much more

"California’s licensed cannabis businesses are getting a tax cut — and they are disappointed about it."
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July 8, 2022

These 8 States Increased Gas Taxes This Month

"With their fiscal year 2023 starting July 1, a number of states have seen scheduled increases in gas taxes take effect."
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June 27, 2022

Key marijuana tax reforms absent in California budget blueprint

"California lawmakers approved a preliminary $300 billion state budget  this month, but they left several marijuana business issues unresolved – the latest sign of the industry’s lack of influence at the state Capitol in Sacramento."
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June 24, 2022

IRS Issues FAQs on Superfund Excise Tax on Certain Chemical Substances

"The Internal Revenue Service announced on June 24, 2022, that it has posted frequently asked questions (FAQ) on the Superfund chemical excise tax. The FAQs detail what the Superfund chemical excise tax is, how the tax is computed, and who may be liable for the tax."
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June 17, 2022

Suspension of certain taxes on motor fuel and diesel motor fuel

"Effective June 1, 2022, and continuing through December 31, 2022, the following taxes on motor fuel and highway diesel motor fuel are suspended: excise tax; prepaid sales tax, and state sales and use taxes; and the additional state sales and use tax imposed in the Metropolitan Commuter Transportation District (MCTD)."
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June 15, 2022

Effects of a State Gasoline Tax Holiday

"We provide causal evidence that recent suspensions of state gasoline taxes in three states were mostly passed onto consumers at some point during the tax holiday in the form of lower gas prices: Maryland (72 percent of tax savings passed onto consumers), Georgia (58 percent to 65 percent) and Connecticut (71 percent to 87 percent). However, these price reductions were often not sustained during the entire holiday."
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June 14, 2022

TSA unveils state-of-the-art scanners, photo ID verification units in security checkpoint at Lihue Airport

"In addition to the CT scanners, TSA also recently installed Credential Authentication Technology (CAT) at Lihue Airport (LIH) on the Hawaiian island of Kauai. There are currently four units in use that are able to confirm the validity of a traveler’s photo identification and confirm flight information in real-time. When travelers approach the travel document checking podium and CAT is in use, they need to hand over their photo identification to the TSA officer. CAT units are designed to identify fraudulent documents and those that have been tampered with."
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