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Examples of excise tax in a Sentence
Recent Examples on the Web
The filing also discusses the impact of the Inflation Reduction Act of 2022, which imposes a 1% excise tax on certain stock repurchases.
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Quartz Intelligence Newsroom, Quartz, 23 Jan. 2025
The denunciation of companies buying back stock has even worked itself into tax policy, as there is now a 1% excise tax applied to the value of stock repurchased by a corporation.
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Richard Mansouri, Forbes, 14 Jan. 2025
The program is funded by a federal excise tax on firearms and ammunition and fees collected by the state for hunting licenses as part of its conservation fund, state officials said.
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Corey Kilgannon, New York Times, 29 Dec. 2024
Here's what to know A new tax when charging electric vehicles in Wisconsin
Electric vehicle owners will see a new excise tax of 3 cents per kilowatt-hour of electricity, beginning Jan. 1.
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Hope Karnopp, Journal Sentinel, 26 Dec. 2024
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“Excise tax.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/excise%20tax. Accessed 8 Feb. 2025.
Legal Definition
excise tax
noun
: excise
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