excise tax

Definition of "excise tax"
  1. A duty imposed on specific goods or services when they are sold or used
How to use "excise tax" in a sentence
  1. The state increased the excise tax on cigarettes to deter people from smoking.
  2. The company had to pay an excise tax for their newly released product.
  3. She noticed an added cost on her receipt due to the excise tax on alcohol.
Provide Feedback
Browse Our Legal Dictionary
# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z