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
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Assembly Bill 8 by Cecilia Aguiar-Curry, D-Winters, would establish the excise tax at 15% between 2028 and 2033. Tom Philp, Mercury News, 15 July 2025 On July 1, California’s gas and diesel excise tax will increase to 61.2 cents per gallon from the current rate of 59.6 cents per gallon, according to the California Department of Tax and Fee Administration. Karen Garcia, Los Angeles Times, 25 June 2025 Congress is weighing several concepts that would raise, in some instances by high degrees, the excise tax universities pay on their endowment income. Michael McCann, Sportico.com, 23 June 2025 In 2023, California Governor Gavin Newsom (D) signed legislation imposing an 11% excise tax on firearms and ammunitions sales. Patrick Gleason, Forbes.com, 1 Aug. 2025 See All Example Sentences for excise tax

Browse Nearby Words

Cite this Entry

“Excise tax.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/excise%20tax. Accessed 27 Aug. 2025.

Legal Definition

excise tax

noun
: excise
Last Updated: - Updated example sentences
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!