Per issue #129 we need to update the How it Works information on coal excise tax. The amounts have reverted back to the previous amounts through the end of 2020.
Is there any rate change due to the Further Consolidated Appropriations Act, 2020? I was reading somewhere that for surface coal, it will be 4.4% of coal price with maximum of $0.55 per ton. Is it correct? If so, would you update your website with this new information?
Per issue #129 we need to update the How it Works information on coal excise tax. The amounts have reverted back to the previous amounts through the end of 2020.
Is there any rate change due to the Further Consolidated Appropriations Act, 2020? I was reading somewhere that for surface coal, it will be 4.4% of coal price with maximum of $0.55 per ton. Is it correct? If so, would you update your website with this new information?
https://revenuedata.doi.gov/how-it-works/coal-excise-tax/#rates