-
- To save this word, you'll need to log in.
Examples of excise tax in a Sentence
Recent Examples on the Web
Recreational marijuana products get a 10% excise tax, which goes toward the state's social equity and jobs program, municipalities with dispensaries, a substance use fund and administrative costs.
—
Haley Bemiller, The Enquirer, 10 Sep. 2024
The filing also discusses the impact of the Inflation Reduction Act of 2022, which imposes a 1% excise tax on certain stock repurchases.
—
Quartz Intelligence Newsroom, Quartz, 23 Jan. 2025
The denunciation of companies buying back stock has even worked itself into tax policy, as there is now a 1% excise tax applied to the value of stock repurchased by a corporation.
—
Richard Mansouri, Forbes, 14 Jan. 2025
The program is funded by a federal excise tax on firearms and ammunition and fees collected by the state for hunting licenses as part of its conservation fund, state officials said.
—
Corey Kilgannon, New York Times, 29 Dec. 2024
See all Example Sentences for excise tax 
Examples are automatically compiled from online sources to
show current usage.
Read More
Opinions expressed in the examples do not represent those of Merriam-Webster or its editors.
Send us feedback.
Dictionary Entries Near excise tax
Cite this Entry
“Excise tax.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/excise%20tax. Accessed 21 Feb. 2025.
Legal Definition
excise tax
noun
: excise
Love words? Need even more definitions?
Merriam-Webster unabridged
Share