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Finance Dictionary and Glossary of Investment Terms
excise tax
Definition 1.
A Federal or state tax imposed on the manufacture and distribution of certain non-essential consumer goods. Examples of excise taxes include environmental taxes, communications taxes, and fuel taxes.
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Definition 2.
An indirect tax charged on the sale of a particular good.
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Definition 3.
Federal or state tax placed on the sale or manufacture of a commodity, typically a luxury item e.g., alcohol.
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