Registered excise tax payer ()
Definition: A Registered Excise Tax Payer is a business role responsible for the payment of excise duties on goods subject to this type of taxation, such as alcohol, tobacco, and energy products. They are registered with the relevant tax authorities and are required to comply with the regulations and procedures for the declaration and payment of these taxes. This role involves keeping accurate records of goods received, produced, held, and dispatched, and ensuring that the correct amount of tax is paid at the appropriate time. They are also responsible for the security and integrity of the goods until the excise duty has been paid. Source: EIRA team Additional information: A Registered Excise Tax Payer is a business role that is responsible for the payment of excise taxes on certain goods and services, as mandated by European Taxes Regulation. This role is typically assumed by businesses that produce, store, receive or dispatch excisable goods such as alcohol, tobacco, and energy products. As a Registered Excise Tax Payer, the entity is required to comply with specific obligations. These include the accurate calculation and timely payment of excise taxes to the relevant tax authorities. The entity must also maintain detailed records of all transactions involving excisable goods, including production, storage, receipt, and dispatch. These records must be kept in a manner that allows for easy inspection and auditing by tax authorities. The Registered Excise Tax Payer is also responsible for ensuring that all excisable goods are properly marked or labelled to indicate that excise tax has been paid. In some cases, the entity may be required to provide a financial guarantee, such as a bond, to cover potential excise tax liabilities. Furthermore, the Registered Excise Tax Payer must comply with all relevant reporting requirements. This includes the submission of regular tax returns and other reports to the tax authorities, detailing the quantities of excisable goods produced, stored, received, and dispatched, as well as the amount of excise tax paid. In the event of non-compliance with these obligations, the Registered Excise Tax Payer may be subject to penalties, including fines, seizure of goods, and revocation of their registration. Therefore, this role requires a thorough understanding of the European Taxes Regulation, as well as the ability to accurately calculate and pay excise taxes, maintain detailed records, and comply with all reporting requirements. Example: 1. Brewery Owner: A brewery owner who produces and sells alcoholic beverages would be a registered excise tax payer. They are responsible for paying excise taxes on the alcohol they produce, which is calculated based on the quantity and strength of the alcohol. 2. Tobacco Manufacturer: A company that manufactures and sells tobacco products such as cigarettes, cigars, or pipe tobacco would also be a registered excise tax payer. They are required to pay excise taxes on the tobacco products they produce. 3. Fuel Distributor: A fuel distributor who imports or produces fuel such as gasoline, diesel, or kerosene is a registered excise tax payer. They are responsible for paying excise taxes on the fuel they distribute, which is calculated based on the volume of fuel. 4. Luxury Goods Retailer: A retailer who sells luxury goods such as high-end cars, jewelry, or yachts would be a registered excise tax payer. They are required to pay excise taxes on the luxury goods they sell, which is calculated based on the value of the goods. 5. Energy Provider: An energy provider who produces or imports energy products such as electricity, natural gas, or coal is a registered excise tax payer. They are responsible for paying excise taxes on the energy they provide, which is calculated based on the amount of energy. 6. Airline Operator: An airline operator who provides passenger or cargo flights within the European Union is a registered excise tax payer. They are required to pay excise taxes on the aviation fuel they use, which is calculated based on the volume of fuel. LOST view: OV-Digital Public Service Consumers Identifier: http://data.europa.eu/dr8/egovera/RegisteredExciseTaxPayerBusinessActor EIRA traceability: eira:DigitalPublicServiceDeliveryConsumerBusinessRole ABB name: egovera:RegisteredExciseTaxPayerBusinessActor EIRA concept: eira:ArchitectureBuildingBlock Last modification: 2023-07-27 dct:identifier: http://data.europa.eu/dr8/egovera/RegisteredExciseTaxPayerBusinessActor dct:title: Registered Excise Tax Payer Business-actor
eira:PURIhttp://data.europa.eu/dr8/egovera/RegisteredExciseTaxPayerBusinessActor
eira:ABBeira:DigitalPublicServiceDeliveryConsumerBusinessRole
dct:modified2023-07-27
dct:identifierhttp://data.europa.eu/dr8/egovera/RegisteredExciseTaxPayerBusinessActor
dct:typeegovera:RegisteredExciseTaxPayerBusinessActor
dct:titleRegistered Excise Tax Payer Business-actor
eira:definitionSourceEIRA team
eira:definitionSourceReference
skos:example1. Brewery Owner: A brewery owner who produces and sells alcoholic beverages would be a registered excise tax payer. They are responsible for paying excise taxes on the alcohol they produce, which is calculated based on the quantity and strength of the alcohol. 2. Tobacco Manufacturer: A company that manufactures and sells tobacco products such as cigarettes, cigars, or pipe tobacco would also be a registered excise tax payer. They are required to pay excise taxes on the tobacco products they produce. 3. Fuel Distributor: A fuel distributor who imports or produces fuel such as gasoline, diesel, or kerosene is a registered excise tax payer. They are responsible for paying excise taxes on the fuel they distribute, which is calculated based on the volume of fuel. 4. Luxury Goods Retailer: A retailer who sells luxury goods such as high-end cars, jewelry, or yachts would be a registered excise tax payer. They are required to pay excise taxes on the luxury goods they sell, which is calculated based on the value of the goods. 5. Energy Provider: An energy provider who produces or imports energy products such as electricity, natural gas, or coal is a registered excise tax payer. They are responsible for paying excise taxes on the energy they provide, which is calculated based on the amount of energy. 6. Airline Operator: An airline operator who provides passenger or cargo flights within the European Union is a registered excise tax payer. They are required to pay excise taxes on the aviation fuel they use, which is calculated based on the volume of fuel.
eira:concepteira:ArchitectureBuildingBlock
skos:noteA Registered Excise Tax Payer is a business role that is responsible for the payment of excise taxes on certain goods and services, as mandated by European Taxes Regulation. This role is typically assumed by businesses that produce, store, receive or dispatch excisable goods such as alcohol, tobacco, and energy products. As a Registered Excise Tax Payer, the entity is required to comply with specific obligations. These include the accurate calculation and timely payment of excise taxes to the relevant tax authorities. The entity must also maintain detailed records of all transactions involving excisable goods, including production, storage, receipt, and dispatch. These records must be kept in a manner that allows for easy inspection and auditing by tax authorities. The Registered Excise Tax Payer is also responsible for ensuring that all excisable goods are properly marked or labelled to indicate that excise tax has been paid. In some cases, the entity may be required to provide a financial guarantee, such as a bond, to cover potential excise tax liabilities. Furthermore, the Registered Excise Tax Payer must comply with all relevant reporting requirements. This includes the submission of regular tax returns and other reports to the tax authorities, detailing the quantities of excisable goods produced, stored, received, and dispatched, as well as the amount of excise tax paid. In the event of non-compliance with these obligations, the Registered Excise Tax Payer may be subject to penalties, including fines, seizure of goods, and revocation of their registration. Therefore, this role requires a thorough understanding of the European Taxes Regulation, as well as the ability to accurately calculate and pay excise taxes, maintain detailed records, and comply with all reporting requirements.
skos:definitionA Registered Excise Tax Payer is a business role responsible for the payment of excise duties on goods subject to this type of taxation, such as alcohol, tobacco, and energy products. They are registered with the relevant tax authorities and are required to comply with the regulations and procedures for the declaration and payment of these taxes. This role involves keeping accurate records of goods received, produced, held, and dispatched, and ensuring that the correct amount of tax is paid at the appropriate time. They are also responsible for the security and integrity of the goods until the excise duty has been paid.
eira:viewOV-Digital Public Service Consumers