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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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 But more costly than that, an additional 11% excise tax went into effect in 2024 for the Gun Violence Prevention and School Safety Fund — money allocated for prevention, education, research, response, and investigation programs. Calmatters, Oc Register, 1 Aug. 2025 The tax hike took effect after the California Senate rejected a proposal to freeze the cannabis excise tax rate in the recent budget trailer bill. Kurt Snibbe, Oc Register, 25 July 2025 The excise tax didn't apply to every university, though. Zachary Schermele, USA Today, 9 July 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 20 Aug. 2025.

Legal Definition

excise tax

noun
: excise
Last Updated: - Updated example sentences
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