If you are opening a business or other entity that will have employees, will operate as a Corporation or Partnership, is required to file any of these tax returns: employment, excise, or Alcohol, Tobacco and Firearms or is a Trust, Estate or Non-profit organization you are required to obtain a Texas Tax ID (EIN).
Excise taxes are taxes paid when purchases are made on a specific good, such as gasoline. Excise taxes are often included in the price of the product. There are also excise taxes on activities, such as on wagering or on highway usage by trucks. One of the major components of the excise program is motor fuel.
NEW: Marijuana excise tax rates change. Beginning July 1, 2015, the excise tax structure for recreational marijuana is changing. Under the new law (2E2SHB 2136), the marijuana excise tax is: 1  No longer levied on the producers, processors and retailers. 2  Instead, the tax is now imposed on retail customers. 3  Going from 25 percent (at each level) to 37 percent on the retail customer.