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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This framework includes up to 350 retail licenses, a two-ounce possession limit, and a 6% state excise tax. — Peter Su, Forbes.com, 26 June 2026 Last week, Indiana's governor announced the suspension of the state's gasoline excise tax, which is 36 cents a gallon. — Shardaa Gray, CBS News, 11 May 2026 The federal fuel excise tax gasoline and diesel will be temporarily suspended starting Monday, Carney’s office said. — Phil Helsel, NBC news, 14 Apr. 2026 Each month that the gas usage tax is suspended the state loses out on around $50 million in revenue and each month that the gas excise tax is suspended the state doesn’t receive $90 million in revenue, Braun said. — Alexandra Kukulka, Chicago Tribune, 3 June 2026 See All Example Sentences for excise tax

Rhymes for excise tax

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exciseman
excise tax
excision
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Cite this Entry

“Excise tax.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/excise%20tax. Accessed 8 Jul. 2026.

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Legal Definition

excise tax

noun
: excise
Last Updated: - Updated example sentences
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