excise tax

noun

: a tax on certain things that are made, sold, or used within a country : excise

Examples of excise tax in a Sentence

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One option is to re-direct funds from the federal excise tax on sports betting to address a growing public health concern. —

Matt Rybaltowski, Forbes, 18 Dec. 2024 The filing also discusses the potential impact of the 1% excise tax under the Inflation Reduction Act of 2022 on redemptions conducted after December 31, 2022. —

Quartz Bot, Quartz, 14 Nov. 2024 California, for instance, imposes a $2.87 excise tax on each pack of cigarettes. —

Topher L. McDougal, The Mercury News, 28 May 2024 For example, after an Alaska state ballot in 2006 raised the cruise passenger excise tax to $46, multiple cruise ships pulled out of the market, resulting in losses of $165 million in economic stimulus per year, according to data from Cruise Lines International Association. —

Suzanne Rowan Kelleher, Forbes, 2 Dec. 2024 See all Example Sentences for excise tax