excise tax

excise tax
Any of various taxes levied on the production or sale of certain goods, especially on luxuries, tobacco, alcohol etc.
See Also: exciseman

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  • excise tax — n: excise Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • Excise Tax — L’Excise Tax est un impôt indirect créé au Royaume Uni, créé lors de la Première Révolution anglaise, appelé aussi « droit de timbre », qui s’est décliné pour de très nombreux produits, en particulier à l’importation. Sa perception… …   Wikipédia en Français

  • Excise Tax — 1. An indirect tax charged on the sale of a particular good. 2. A penalty tax applied to ineligible transactions in retirement accounts. This penalty is assessed by and paid to the Internal Revenue Service (IRS). 1. Excise taxes are considered an …   Investment dictionary

  • excise tax — Federal or state tax placed on the sale or manufacture of a commodity, typically a luxury item e.g., alcohol. Bloomberg Financial Dictionary * * * excise tax excise tax ➔ tax1 * * * excise tax UK US noun [C or U] US TAX ► EXCISE DUTY(Cf. ↑ …   Financial and business terms

  • excise tax — A tax which does not fall within the classification of a poll tax or a property tax, and embraces every form of tax burdens not laid directly upon persons or property. Idaho Gold Dredging Co. v Balderston, 58 Idaho 692, 78 P2d 105. A tax imposed… …   Ballentine's law dictionary

  • Excise tax in the United States — Excise tax, sometimes called an excise duty, is a type of tax. In the United States, the term excise means: (A) any tax other than a property tax or capitation (i.e., an indirect tax, or excise, in the constitutional law sense), or (B) a tax that …   Wikipedia

  • Excise Tax Reduction Act of 1954 — The United States Excise Tax Reduction Act of 1954 actually temporarily extended the 1951 excise tax increases (through March 31, 1955), but also reduced excise tax rates on, among other things, telephones, admissions, and jewelry …   Wikipedia

  • excise tax — noun a tax that is measured by the amount of business done (not on property or income from real estate) (Freq. 1) • Syn: ↑excise • Derivationally related forms: ↑excise (for: ↑excise) • Hypernyms: ↑ …   Useful english dictionary

  • excise tax — A tax imposed on the performance of an act, the engaging in an occupation, or the enjoyment of a privilege. Rapa v. Haines, Ohio Com.Pl., 101 N.E.2d 733, 735. A tax on the manufacture, sale, or use of goods or on the carrying on of an occupation… …   Black's law dictionary

  • excise tax — A tax imposed on the performance of an act, the engaging in an occupation, or the enjoyment of a privilege. Rapa v. Haines, Ohio Com.Pl., 101 N.E.2d 733, 735. A tax on the manufacture, sale, or use of goods or on the carrying on of an occupation… …   Black's law dictionary

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