An excise tax is a tax applied to the consumption of a particular type of good, such as alcohol or tobacco. Excise taxes apply at the same rates to domestic or imported goods. They must not be confused with customs duties which apply to imports only.

Federal or state tax placed on the sale or manufacture of a commodity, typically a luxury item e.g., alcohol.

A kind of tax levied on the sale or use of particular goods or transactions.

Excise taxes are taxes on the sale or use of certain products or transactions. So every time you make a telephone call, buy a plane ticket, or ride in a car (to name but a few) you'll be paying excise taxes.

An annual 1% or 2% tax on invesment income paid by foundations to support the work of the exempt organizations division of the IRS. This tax is based on net investment income. As an example, if a $1 million foundation makes $60,000 in a year on investments, it can subtract the cost of investment management and any realized losses (let's say $7500) and then pay 1% or 2% of the net (here, either $525 or $1050). The lower rate is applicable if the foundation's percentage distribution is equal to the prior year's plus a little (half the amount the of 2% tax due, or in the case above, $525). Over a certain threshold amount, excise taxes must be paid on an installment basis. Rules on the tax are clearly outlined in the IRS 990PF instructions.

a tax that is measured by the amount of business done (not on property or income from real estate)

a duty imposed upon the manufacture, sale, or consumption of commodities within the country, and upon certain occupations

a duty or impost levied upon the manufacture or sale of goods and services or upon certain occupations

a levy imposed to discourage consumption

an indirect or privilege tax

an indirect tax, one not directly imposed upon person or property but imposed on the performance of an act, the engaging in an occupation or the enjoyment of a privilege

a per unit tax levied on a specific good

a sales tax on a specific item

a special government tax on certain items

a tax on a specific commodity

a tax on a specific item, belonging to a special class of items

a tax on the sale of a specific product or service

a tax that is paid directly by suppliers to the government

a type of ad valorem tax that is imposed at the time of a purchase or sale transaction (sales tax or value added tax (VAT)) or in connection with importation across a political border (tariffs)

a type of tax that is applied to a specific commodity or type of goods, such as cigarettes, gasoline, and alcoholic beverages

Taxes that apply to certain types of distributions from qualified plans.

A federal or state tax on the manufacture and sale of nonessential consumer goods such as alcohol and cigarettes.

A federal or state tax imposed on the sale or manufacture of a commodity, typically on luxury items.

A prerequisite to motor vehicles registering in Maine. The tax is determined by multiplying the manufacturer's list price by a mil rate determined by the age of the motor vehicle.

The excise tax in IRC Section 4940 is a tax on the net investment income of private foundations. Normally set at two percent per year, the rate may be reduced to one percent if the foundation meets certain expenditure requirements.

Tax imposed on a specific transaction.

A tax on the net investment income of private foundations, but not applicable to community foundations. iduciary Person(s) charged with the legal responsibility for the actions of the foundation, and on behalf of its donors. The Board of Directors of the GCRCF (as well as its CEO) assumes fiduciary responsibility for the foundation, its assets and activities…a position of trust.

A selective tax--sometimes called a consumption tax--on certain goods produced within or imported into a country. See also: Border Tax Adjustments, Indirect Tax, Road Tax, Tax

A tax charged in the state of Washington at the time of transfer of real estate title from one owner to another. For our comparison purposes, these fees are considered to be a tax or other unavoidable fee.

A tax on the production or sale of specific products. In the United States, excise taxes are commonly levied at the federal, state, and local levels on products such as alcohol and tobacco.

A tax on the sale or use of specific products or transactions.

a tax that is levied on a specific good.

a tax on a particular good or service

Taxes imposed on specific goods and services, such as cigarettes and gasoline.

A selective tax; sometimes referred to as a consumption tax.

Tax paid if a business manufactures or sells certain products or uses certain kinds of equipment, facilities, or products.

A tax levied on the purchase of a specific type of good or service, such as tobacco products or telephone services.

A tax levied under the authority of the Excise Tax Act on the manufacture, sale, or consumption of certain commodities within Canada or on imported goods.

Taxes on the manufacture, sale, or consumption of goods, or upon licenses to pursue certain occupations, or upon corporate privileges. In current usage it covers various license fees imposed by government and practically every internal revenue tax from any source except the income tax.

Tax or duty on the manufacture, sale, or consumption of commodities.

A tax on the consumption of certain goods either made in or imported into a country.

tax that is specified as a fixed amount for each unit of a good sold. Federal excise taxes on gasoline and cigarettes fall into this per unit tax category. Also known as a "per unit tax". Compare to ad valorem tax.

The annual tax of 1 or 2 percent of net investment income that must be paid to the IRS by private foundations.

A selective sales tax, imposed only on the sale of specific goods.