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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The company continues to focus on consummating a business combination and managing its financial obligations, including compliance with the Inflation Reduction Act of 2022 and related excise tax liabilities. —

Quartz Bot, Quartz, 14 Nov. 2024 Net investment income after excise tax for the quarter was $9,154, compared to $10,813 for the same quarter in the previous year. —

Quartz Bot, Quartz, 7 Nov. 2024 The legislation allowed beer to be made for personal and family use without being subject to federal excise tax. —

Maureen Groppe, USA TODAY, 1 Oct. 2024 In addition, for localities affected by Hurricane Milton, penalties for failing to make payroll and excise tax deposits due on or after Oct. 5, 2024, and before Oct. 21, 2024, will be abated, as long as the deposits are made by Oct. 21, 2024. —

Robert W. Wood, Forbes, 11 Oct. 2024 See all Example Sentences for excise tax