Excise tax, which is frequently referred to as use tax, is administered by local and state administrations. The excise tax, calculated as a percentage of the selling price of particular products and services, is accompanied by its own distinct set of payment procedures. This is a common occurrence when conducting transactions from out of state via mail, the Internet, or the telephone. Utilization, storage, and consumption of tangible personal property within the state are subject to the tax. When companies purchase from out-of-state vendors who are not obligated to collect local sales tax, they may incur Excise Tax liability. This is where TBS Global Outsourcing specializes in providing guidance through the tax labyrinth. Our proficient staff streamlines each facet of Excise Tax, guaranteeing that you maintain awareness and adhering to regulations amidst a complex tax landscape.