federal excise tax
noun[CorU]
GOVERNMENT,TAXukusataxpaidto the USgovernmentbymanufacturersanddistributorsofgoodssuch asfuelandtobacco:
Members ofCongressareexploringareductioninfederalexcisetaxratesongasolineanddieselfuel.
Examplesoffederal excise tax
federal excise tax
For example, the currentfederalexcisetaxis 18.4 cents per gallon of gasoline.
From
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Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.In addition to the national bank, the other two measures were establishment of a mint and imposition of afederalexcisetax.
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This example is from Wikipedia and may be reused under a CC BY-SA license.These rises mean that thefederalexcisetaxon a packet of cigarettes has risen from 8 cents in 1982 to 39 cents in 2002.
From theCambridge English Corpus
Even though federal excise taxes are geographically uniform, state excise taxes vary considerably.
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This example is from Wikipedia and may be reused under a CC BY-SA license.Federal excise taxes on cigarettes, beer, and gasoline would remain in effect.
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This example is from Wikipedia and may be reused under a CC BY-SA license.The program expansion was to have been funded by sharply increasing federal excise taxes on tobacco products.
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This example is from Wikipedia and may be reused under a CC BY-SA license.All federal excise taxes remained essentially zero for the next ten years.
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This example is from Wikipedia and may be reused under a CC BY-SA license.There are state and federal excise taxes.
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Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Unlike previous federal excise taxes, this tax is collected directly from the consumer by the seller and based on the sale price rather than a quantity.
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This example is from Wikipedia and may be reused under a CC BY-SA license.These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.