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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Instead of lowering the cost of transportation, Sacramento politicians have raised the state excise tax on gasoline by 253%, reduced the number of refineries by 56%, cut in-state oil production by 63% and increased foreign oil imports by 712%. John Franklin, San Diego Union-Tribune, 20 June 2025 Additionally, California’s upcoming excise tax increase from 15% to 19% in July raises concerns about the financial strain on legal businesses .(Reuters, SFGATE) 7. Matt Rozo, Mercury News, 11 June 2025 About The Tax The tanning tax, a 10% excise tax on indoor tanning services, dates back to 2010. Kelly Phillips Erb, Forbes.com, 23 May 2025 For businesses, the IRS said penalties for failing to make payroll and excise tax deposits due on or after Jan. 7 and before Jan. 22, will be abated as long as the deposits are made by Jan. 22. Medora Lee, USA TODAY, 16 Jan. 2025 See All Example Sentences for excise tax

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“Excise tax.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/excise%20tax. Accessed 5 Jul. 2025.

Legal Definition

excise tax

noun
: excise
Last Updated: - Updated example sentences
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