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What is an example of excise tax?

Updated: 9/26/2023
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Q: What is an example of excise tax?
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Related questions

A tax on perfume is an example of what?

A tax on perfumeA tax on perfume is an example of an excise tax. Excise taxes are indirect taxes on certain types of goods.


A tax on perfume is an example of?

an excise tax.


Which is an example of an excise tax?

a tax on certain products


9 percent tax on a sales is an example of what type of tax?

excise tax


Tax on gasoline is an example of what type of tax?

Tax on gasoline is an example of an excise tax. Excise taxes are taxes on specific goods or services that are typically included in the price of the product and paid by the consumer, rather than collected separately. The purpose of an excise tax is usually to discourage the consumption of the taxed item or to raise revenue for the government


What is a tax on production or sale of good called?

excise tax


What items get excise tax?

alcohol cigarettes and items like that are taxed with and excise tax


What tax is not calculated as a percentage?

Excise tax


Is excise tax the same as sales tax?

no


How would you use excise in a sentence?

you can use excise in a sentence like if you excise that irrelevant remark you will improve your essay or the excise imposed on such potentially dangerous products as tobacco and alcohol have skyrocketed.Congress levied an excise tax on tobacco products.The surgeons will try to excise the tumor.


A tax on perfume is what kind of tax?

A tax on perfume is an excise tax. An excise tax is an in-country, or inland, tax on a specific good produced for sale. If the tax is on the perfume as it is imported, it is a customs duty or border tax.


What was the tax placed on the distilling of liquor?

Excise Tax