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

Recent Examples on the Web In addition, for localities affected by Hurricane Milton, penalties for failing to make payroll and excise tax deposits due on or after Oct. 5, 2024, and before Oct. 21, 2024, will be abated, as long as the deposits are made by Oct. 21, 2024. —

Robert W. Wood, Forbes, 11 Oct. 2024 This law, however, allowed the excise tax money to be used only for compensation. —

Gregory A. Poland, STAT, 14 Aug. 2024 The relationship between customer and industry is further cemented by the use of federal sporting-goods excise tax revenue (often called Pittman-Robertson funds, or P-R, after the sponsors of the 1937 legislation) in states’ hunter ed programs. —

Andrew McKean, Outdoor Life, 31 July 2024 Electric vehicles also represent a rapidly growing challenge to gas taxes, said Adam Hoffer, the Tax Foundation’s director of excise tax policy. —

Jonathan Shorman, Kansas City Star, 19 July 2024 See all Example Sentences for excise tax

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'excise tax.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.