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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This framework includes up to 350 retail licenses, a two-ounce possession limit, and a 6% state excise tax. Peter Su, Forbes.com, 26 June 2026 Last week, Indiana's governor announced the suspension of the state's gasoline excise tax, which is 36 cents a gallon. Shardaa Gray, CBS News, 11 May 2026 The federal fuel excise tax gasoline and diesel will be temporarily suspended starting Monday, Carney’s office said. Phil Helsel, NBC news, 14 Apr. 2026 Each month that the gas usage tax is suspended the state loses out on around $50 million in revenue and each month that the gas excise tax is suspended the state doesn’t receive $90 million in revenue, Braun said. Alexandra Kukulka, Chicago Tribune, 3 June 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 7 Jul. 2026.

Legal Definition

excise tax

noun
: excise
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