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.
The measure also regulates commercial cannabis activity and levies a 5% federal excise tax on marijuana products, rising to 8% after five years. A.j. Herrington, Forbes.com, 1 Sep. 2025 Other measures include boosting the federal stock buyback excise tax, restricting buybacks for companies accepting government contracts or subsidies, and tying pay ratio benchmarks to federal procurement. Nick Lichtenberg, Fortune, 21 Aug. 2025 Washington himself led a contingent of the predecessors of the National Guard to suppress an uprising of Pennsylvanians against an excise tax on alcohol in the famous Whiskey Rebellion. Alana Wise, NPR, 21 Aug. 2025 The fund provides compensation from a small excise tax on vaccines. Stephanie Armour, CNN Money, 18 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 10 Sep. 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!