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According to the official website for the IRS: An excise tax is a tax which is paid when one purchases a specific product, such as gasoline. The excise tax on the product is often included in the sale price, which is the case with alcohol, cigarettes and fuel.

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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.


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


A tax on perfume is an example of?

an excise tax.


What tax is not calculated as a percentage?

Excise tax


Is excise tax the same as sales tax?

no


Who is liable to collect excise?

The different taxes specify who collects and pays over (and who must do so if someone else didn't). In excise tax, generally it is on the ultimate buyer (like sales tax), but may be on the manufacturer or importer.


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 is the difference between a tariff and an excise tax?

A tariff is the tax placed on the shipment of imported goods that are imported. An excise tax is an indirect tax that is charged upon the sale of one good.


What was the tax placed on the distilling of liquor?

Excise Tax


What is a tax on the sale manufacture of a good?

Excise Tax