excise tax

Definitions of excise tax
  1. noun
    a tax that is measured by the amount of business done (not on property or income from real estate)
    synonyms: excise
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    types:
    nuisance tax, sales tax
    a tax based on the cost of the item purchased and collected directly from the buyer
    VAT, ad valorem tax, value-added tax
    a tax levied on the difference between a commodity's price before taxes and its cost of production
    gasoline tax
    a tax on every gallon of gasoline sold
    type of:
    indirect tax
    a tax levied on goods or services rather than on persons or organizations
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