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InvestHub.com's
Finance Dictionary and Glossary of Investment Terms

excise tax  

Definition 1.

A Federal or state tax imposed on the manufacture and distribution of certain non-essential consumer goods. Examples of excise taxes include environmental taxes, communications taxes, and fuel taxes.
 

Definition 2.

An indirect tax charged on the sale of a particular good.
 

Definition 3.

Federal or state tax placed on the sale or manufacture of a commodity, typically a luxury item e.g., alcohol.
 
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