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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Reminiscent of the war on drugs California imposed a 15% excise tax on legal marijuana sales — last year, that tax jumped up to 19%, before Newsom and the Legislature, recognizing the industry’s struggles, paused the increase until June 2028. — Andrew Graham, Sacbee.com, 8 July 2026 When finance leaders think about excise tax, the conversation often starts and ends with the tax team being a cost center that files the returns, meets the deadlines and avoids penalties. — Ryan Padget, Forbes.com, 7 July 2026 Adam Hoffer is director of excise tax policy at the Tax Foundation. — Adam Hoffer, Chicago Tribune, 5 July 2026 That includes the state excise tax, the federal gas tax, state and local sales taxes, a storage tank fee, and costs tied to California’s Low Carbon Fuel Standard and cap-and-trade program. — Rosilicie Ochoa Bogh, Oc Register, 31 May 2026 See All Example Sentences for excise tax

Rhymes for excise tax

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exciseman
excise tax
excision
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“Excise tax.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/excise%20tax. Accessed 14 Jul. 2026.

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Legal Definition

excise tax

noun
: excise
Last Updated: - Updated example sentences
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