Examples of excise tax in a Sentence
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Any company that refuses to comply with the negotiation process will be hit with an excise tax that starts at 65% of a product’s sales in the U.S. and increases by 10% every quarter, to a maximum of 95%.
—
John C. Goodman, Forbes.com, 24 May 2025
California’s excise tax on gasoline of 59.6 cents a gallon is also the highest in the country.
—Rob Nikolewski, San Diego Union-Tribune, 1 Apr. 2025
Additionally, sole proprietors or single-member limited liability companies that file taxes using Schedule C (on a 1040) and don’t have employees or owe excise tax do not need an EIN.
—Kelly Phillips Erb, Forbes.com, 6 June 2025
Removing gun silencer tax: The bill would end the $200 excise tax imposed on the purchase or transfer of silencers and eliminate registration.
—Jay O'Brien, ABC News, 5 June 2025
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John C. Goodman, Forbes.com, 24 May 2025
California’s excise tax on gasoline of 59.6 cents a gallon is also the highest in the country.
—Rob Nikolewski, San Diego Union-Tribune, 1 Apr. 2025
Additionally, sole proprietors or single-member limited liability companies that file taxes using Schedule C (on a 1040) and don’t have employees or owe excise tax do not need an EIN.
—Kelly Phillips Erb, Forbes.com, 6 June 2025
Removing gun silencer tax: The bill would end the $200 excise tax imposed on the purchase or transfer of silencers and eliminate registration.
—Jay O'Brien, ABC News, 5 June 2025
See All Example Sentences for excise tax
Cite this Entry
“Excise tax.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/excise%20tax. Accessed 1 Jul. 2025.
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