excise
13
7.9
- noun
- /ˈɛk.saɪz/
- Specialized
:
impuesto especial
- Increase cigarette excise and other tax rates enough to cover the social costs of smoking.
- excise tax
- excise taxes
- excise duty
Examples
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Recently in the Czech Republic, there was a proposal to increase the excise tax on smoking.
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Now, consider what happens if an excise tax of $10 per watch is imposed, raising the price to $50.
Academic text (2017) -
This is the the state excise tax that gets put on tobacco.
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The bill includes a variety of measures that increase revenue, such as the excise tax on high-cost insurance plans.
Academic text (2011) -
Every single penny raised in vehicle excise duty in England will go into that fund to pay for that sustained investment our roads so badly need.
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The charges could be collected through the same system that currently collects excise taxes on petroleum fuels.
Academic text (2009) -
He only paid $28,226 in excise tax, instead of the $40,708 that was required.
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A 16 percent excise tax was imposed on "excess" distributions and accumulations from retirement vehicles.
Academic text (1997) -
In April, counties learned that $536,000 in excise tax revenues hadn't been distributed.
Blog text (10) -
The excise tax on cigarettes has significantly raised prices for consumers.
Synonyms
11
5.5
A tax on goods like tobacco and alcohol charged for each item or amount sold
Compounds
- Specialized
11
5.5
A tax on goods like tobacco and alcohol charged for each item or amount sold
How High
Surface Forms
Etymology
Excise as a tax comes from the Latin parts ex- 'out' and caedere 'to cut', so an excise is like a 'cut' the state takes from certain goods or sales, which is why the word means a special tax on items like alcohol or fuel.