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excise tax

   Also found in: Medical, Legal, Financial, Encyclopedia, Wikipedia 0.03 sec.
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.excise taxexcise tax - a tax that is measured by the amount of business done (not on property or income from real estate)
excise
indirect tax - a tax levied on goods or services rather than on persons or organizations
nuisance tax, sales tax - a tax based on the cost of the item purchased and collected directly from the buyer
ad valorem tax, value-added tax, VAT - 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


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? Mentioned in ? References in periodicals archive
 
Businesses and tax-exempt organizations may use a formula to estimate their Federal telephone excise tax refunds.
Telephone excise tax refunds by Laffie, Lesli S. / The Tax Adviser
Initially imposed to raise revenue for the Spanish-American War, the telephone excise tax was revised in 1965 to permit the feds "to tax long-distance calls based on elapsed time, distance, or both," observed the Chicago Tribune.
At long last--tax relief! by The New American
Recently the District of Columbia Circuit Court of Appeals joined the and Eleventh Circuits in holding that the federal communications excise tax does not apply to telephone charges calculated solely on a time basis.
Toll phone services not subject to excise tax by Mannino, Laura Lee / Journal of Accountancy
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