Excise takes part of its meaning from the prefix ex-, "out". A writer may excise long passages of a novel to reduce it to a reasonable length, or a film director may excise a scene that might give …

Feb 9, 2025 · Excise taxes target specific goods or services such as fuel, tobacco, and alcohol. These taxes are typically paid by businesses but are passed on to consumers in the form of …

Excise definition: an internal tax or duty on certain commodities, as liquor or tobacco, levied on their manufacture, sale, or consumption within the country.. See examples of EXCISE used in …

an excise typically applies to a narrow range of products, and an excise is typically heavier, accounting for a higher fraction of the retail price of the targeted products.

Information on what excise taxes are, who they’re imposed on and what you have to do to comply. Includes links to registration and credits.

Nov 25, 2025 · An excise tax is a specialized consumption levy imposed by a government on the sale or production of a specific good, service, or activity. This type of tax is fundamentally …

EXCISE meaning: 1. a tax made by a government on some types of goods produced and used within their own country…. Learn more.

An internal tax imposed on the production, sale, or consumption of a commodity or the use of a service within a country: excises on tobacco, liquor, and long-distance telephone calls. 2. A …

Jun 3, 2025 · Simply put, an excise tax is a fee the government charges on specific products or services, like gas, cigarettes or alcohol. Unlike sales tax, which applies broadly to most things …

Jun 30, 2025 · An excise tax is levied on a specific good or service, such as alcohol or gambling. Some excise taxes are levied on manufacturers and other businesses; others are imposed …