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 tax hike took effect after the California Senate rejected a proposal to freeze the cannabis excise tax rate in the recent budget trailer bill. Kurt Snibbe, Oc Register, 25 July 2025 The excise tax didn't apply to every university, though. Zachary Schermele, USA Today, 9 July 2025 There’s a new excise tax on university endowments and a new tax on remittances, or transfers of money that people in the U.S. send abroad. Kevin Freking, Twin Cities, 5 July 2025 The excise tax on funders—with withholding tax enforcement on lawyers—was intended in part to curb litigation. Robert W. Wood, Forbes.com, 4 July 2025 See All Example Sentences for excise tax

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“Excise tax.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/excise%20tax. Accessed 29 Jul. 2025.

Legal Definition

excise tax

noun
: excise
Last Updated: - Updated example sentences
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