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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The notice effectively alerts remittance transfer providers that their excise tax reporting will appear on Form 720. Carrie Brandon Elliot, Forbes.com, 20 Jan. 2026 The gambling industry doesn’t like the excise tax to begin with, but it’s been in place for more than seventy years and likely isn’t going anywhere. Vanity Fair, 12 Jan. 2026 In 2023, Democratic members of the House and Senate introduced a bill that would have imposed an excise tax on hedge funds that own a large number of single-family residences. Max Zahn, ABC News, 9 Jan. 2026 In the United States, consumption tax comes in the form of retail sales tax and excise tax (tax imposed on certain goods or activities, like alcohol or fuel), as well as the aforementioned tariffs. Marina Johnson, Louisville Courier Journal, 6 Jan. 2026 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 29 Jan. 2026.

Legal Definition

excise tax

noun
: excise
Last Updated: - Updated example sentences
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