Excise Tax definition: Copy, customize, and use instantly
Introduction
The term "Excise Tax" refers to a type of indirect tax levied on specific goods, services, or activities, often applied to products such as tobacco, alcohol, fuel, and luxury items. Unlike general sales tax, excise taxes are typically imposed on the manufacturer or seller of the product, and the cost is often passed down to the consumer. Excise taxes are typically used by governments to generate revenue, regulate certain industries, and influence consumer behavior.
Below are various examples of how "Excise Tax" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Excise Tax" as a tax on specific goods or services
This definition ties "Excise Tax" to specific goods and services.
"Excise Tax" refers to a tax imposed on specific goods, services, or activities, such as tobacco, alcohol, gasoline, or luxury items, typically paid by the manufacturer or seller and passed on to the consumer.
Definition of "Excise Tax" as a tax on consumption of certain products or services
This definition connects "Excise Tax" to consumption.
"Excise Tax" means a tax levied on the consumption of certain products or services, such as alcohol, tobacco, or fuel, often with the aim of regulating the use of these goods and raising government revenue.
Definition of "Excise Tax" as a tax on manufacturing or distribution of specific items
This definition links "Excise Tax" to manufacturing or distribution.
"Excise Tax" refers to a tax on the manufacturing, sale, or distribution of specific items, such as gasoline, firearms, or motor vehicles, designed to generate government revenue or discourage the consumption of certain goods.
Definition of "Excise Tax" as a form of tax applied to goods with health or environmental concerns
This definition ties "Excise Tax" to health or environmental goals.
"Excise Tax" refers to a tax applied to goods that may pose health or environmental risks, such as cigarettes or fossil fuels, aimed at regulating consumption and addressing public concerns about these products.
Definition of "Excise Tax" as a tax on specific products or activities for revenue generation
This definition ties "Excise Tax" to revenue generation.
"Excise Tax" refers to a tax imposed on specific products or activities, such as alcohol, tobacco, or gambling, used primarily for revenue generation by the government.
Definition of "Excise Tax" as a tax imposed on goods that are sold at retail
This definition links "Excise Tax" to retail sales.
"Excise Tax" means a tax imposed on goods or services sold at retail, typically on specific items such as gasoline, soft drinks, or luxury goods, often collected at the point of sale.
Definition of "Excise Tax" as a selective tax on certain commodities
This definition ties "Excise Tax" to selective commodities.
"Excise Tax" refers to a selective tax imposed on specific commodities like fuel, alcohol, or tobacco, which are typically considered harmful or non-essential, and are taxed at a higher rate.
Definition of "Excise Tax" as a levy on goods that are consumed or used in specific activities
This definition connects "Excise Tax" to specific activities.
"Excise Tax" means a levy on goods consumed or used in specific activities, such as motor vehicles, carbonated beverages, or fuel, often designed to regulate consumption or raise funds for targeted purposes.
Definition of "Excise Tax" as a tax aimed at discouraging consumption of certain goods
This definition ties "Excise Tax" to discouraging consumption.
"Excise Tax" refers to a tax aimed at discouraging the consumption of certain goods, such as tobacco or sugary drinks, by making them more expensive, often in the interest of public health or environmental goals.
Definition of "Excise Tax" as a tax imposed on a product's production or sale
This definition links "Excise Tax" to production or sale.
"Excise Tax" means a tax imposed on the production, sale, or distribution of specific goods or services, such as alcohol or fuel, often paid by the manufacturer or distributor before reaching the consumer.
Definition of "Excise Tax" as a tax designed to influence consumer behavior
This definition connects "Excise Tax" to consumer behavior.
"Excise Tax" refers to a tax designed to influence consumer behavior, often applied to products like alcohol or tobacco, where the government seeks to reduce consumption by making the goods more expensive.
Definition of "Excise Tax" as a government levy on goods considered to be luxury items
This definition ties "Excise Tax" to luxury items.
"Excise Tax" refers to a government levy on goods considered luxury items, such as expensive cars, jewelry, or high-end electronics, typically intended to generate revenue or regulate spending.
Definition of "Excise Tax" as a tax applied to products that create environmental concerns
This definition connects "Excise Tax" to environmental concerns.
"Excise Tax" means a tax applied to products or services that create environmental concerns, such as fossil fuels, aimed at incentivizing the reduction of harmful emissions and promoting environmentally friendly alternatives.
Definition of "Excise Tax" as a charge on specific items with negative social effects
This definition links "Excise Tax" to negative social effects.
"Excise Tax" refers to a charge placed on specific items, such as alcohol or gambling, that are believed to have negative social effects, with the goal of regulating consumption and generating funds for public programs.
Definition of "Excise Tax" as a tax on manufacturing goods subject to regulation
This definition ties "Excise Tax" to regulation of manufacturing.
"Excise Tax" refers to a tax on the manufacturing of goods that are subject to regulation, such as industrial products or tobacco, where the government imposes additional costs to control production levels and maintain compliance.
Definition of "Excise Tax" as a tax that targets specific consumption habits or products
This definition connects "Excise Tax" to targeted consumption habits.
"Excise Tax" means a tax that specifically targets consumption habits or products, such as high-calorie foods or fossil fuels, to influence behavior and raise revenue for targeted programs.
Definition of "Excise Tax" as a tax on the use or sale of products that harm public health
This definition links "Excise Tax" to public health.
"Excise Tax" refers to a tax on the use or sale of products, such as tobacco or alcohol, that are harmful to public health, intended to discourage consumption and support public health initiatives.
Definition of "Excise Tax" as a regulatory charge on goods that have external costs
This definition ties "Excise Tax" to external costs.
"Excise Tax" means a regulatory charge placed on goods that have external costs, such as pollution or social harm, aiming to reflect the broader societal costs of these goods and encourage their reduction.
Definition of "Excise Tax" as a tax imposed on consumer goods to generate government revenue
This definition connects "Excise Tax" to government revenue.
"Excise Tax" refers to a tax imposed on consumer goods, such as gasoline or alcohol, that generates government revenue, often used to fund specific programs or public services.
Definition of "Excise Tax" as a tax on items intended to regulate industries or markets
This definition links "Excise Tax" to regulation of industries.
"Excise Tax" refers to a tax placed on items such as fuel or tobacco, with the intention of regulating industries or markets by influencing pricing, consumption patterns, or production.
Definition of "Excise Tax" as a tax collected by manufacturers or distributors
This definition connects "Excise Tax" to manufacturers and distributors.
"Excise Tax" means a tax collected by manufacturers or distributors of goods, such as alcohol or fuel, that is typically passed along to consumers in the form of higher prices.
Definition of "Excise Tax" as a targeted tax aimed at reducing environmental damage
This definition ties "Excise Tax" to environmental protection.
"Excise Tax" refers to a targeted tax aimed at reducing environmental damage, applied to goods such as gas-guzzling vehicles or industrial pollutants, designed to incentivize cleaner alternatives.
Definition of "Excise Tax" as a tax aimed at adjusting consumption levels for certain products
This definition connects "Excise Tax" to consumption levels.
"Excise Tax" means a tax aimed at adjusting consumption levels for certain products, such as sugary drinks or alcohol, by raising their price to reduce demand and improve public health.
Definition of "Excise Tax" as a government-imposed tax on specific goods
This definition ties "Excise Tax" to government imposition.
"Excise Tax" refers to a government-imposed tax on specific goods, services, or activities, such as alcohol, tobacco, or luxury items, typically levied at the point of manufacture or sale.
Definition of "Excise Tax" as a tax on goods to regulate consumption and raise revenue
This definition connects "Excise Tax" to regulation and revenue generation.
"Excise Tax" means a tax levied on goods to regulate consumption, discourage harmful behaviors, and raise revenue for government projects, such as healthcare, infrastructure, or environmental protection.
Definition of "Excise Tax" as a tax targeting products with potential public health risks
This definition links "Excise Tax" to public health concerns.
"Excise Tax" refers to a tax targeting products with potential public health risks, such as tobacco, alcohol, and sugary drinks, to reduce consumption and fund public health initiatives.
Definition of "Excise Tax" as a tax on goods consumed or produced for specific industries
This definition ties "Excise Tax" to specific industries.
"Excise Tax" means a tax levied on goods that are consumed or produced for specific industries, such as fuel for the energy sector or luxury items for the high-end market, to generate industry-specific revenues or manage external costs.
Definition of "Excise Tax" as a tax on products deemed non-essential or luxury
This definition connects "Excise Tax" to luxury goods.
"Excise Tax" refers to a tax on products deemed non-essential or luxury goods, such as high-end electronics or expensive cars, often designed to generate additional government revenue from discretionary spending.
Definition of "Excise Tax" as a tax imposed on goods that have environmental impacts
This definition links "Excise Tax" to environmental concerns.
"Excise Tax" refers to a tax imposed on goods that have environmental impacts, such as carbon emissions from fuels or plastics, with the goal of incentivizing the use of more environmentally friendly alternatives.
Definition of "Excise Tax" as a tax on the sale or consumption of alcohol and tobacco
This definition ties "Excise Tax" to alcohol and tobacco.
"Excise Tax" means a tax specifically applied to the sale or consumption of alcohol and tobacco products, designed to regulate these industries and generate revenue for public health programs.
Definition of "Excise Tax" as a tax applied at the production stage of specific products
This definition connects "Excise Tax" to production.
"Excise Tax" refers to a tax applied at the production stage of specific products, such as gasoline or motor vehicles, before the goods are distributed to retailers or consumers.
Definition of "Excise Tax" as a charge on luxury goods and services to reduce excessive consumption
This definition ties "Excise Tax" to luxury consumption.
"Excise Tax" means a charge levied on luxury goods and services to reduce excessive consumption of high-end or non-essential products, discouraging their purchase and encouraging more equitable consumption.
Definition of "Excise Tax" as a government policy tool to control behavior
This definition links "Excise Tax" to policy control.
"Excise Tax" refers to a government policy tool used to control behavior, such as imposing taxes on unhealthy products like alcohol and tobacco to reduce consumption and encourage healthier lifestyle choices.
Definition of "Excise Tax" as a form of taxation on goods used in recreational activities
This definition connects "Excise Tax" to recreation.
"Excise Tax" refers to a form of taxation imposed on goods used in recreational activities, such as firearms or sports equipment, to generate revenue and regulate the use of certain items.
Definition of "Excise Tax" as a tax intended to address market externalities
This definition ties "Excise Tax" to market externalities.
"Excise Tax" means a tax intended to address market externalities, such as environmental damage, by taxing products that cause harm, like fossil fuels or plastic products, to help offset the negative impacts on society.
Definition of "Excise Tax" as a fee charged on goods that generate substantial government revenue
This definition links "Excise Tax" to government revenue.
"Excise Tax" refers to a fee charged on goods that generate substantial government revenue, typically targeting products like alcohol, gasoline, and tobacco, which are taxed at the point of manufacture or sale.
Definition of "Excise Tax" as a tax designed to reduce the social costs of specific industries
This definition connects "Excise Tax" to social costs.
"Excise Tax" refers to a tax designed to reduce the social costs of specific industries, such as the tobacco or alcohol industries, by raising the cost of consumption and using the funds for public health or welfare programs.
Definition of "Excise Tax" as a tax designed to fund public health initiatives
This definition ties "Excise Tax" to public health funding.
"Excise Tax" means a tax designed to fund public health initiatives, such as taxes on sugary beverages or tobacco products, aimed at addressing health issues caused by excessive consumption.
Definition of "Excise Tax" as a form of taxation intended to influence purchasing decisions
This definition links "Excise Tax" to purchasing decisions.
"Excise Tax" refers to a form of taxation intended to influence purchasing decisions, especially by taxing harmful goods like alcohol, tobacco, or gasoline, to discourage overconsumption.
Definition of "Excise Tax" as a levy on goods that generate environmental harm
This definition ties "Excise Tax" to environmental harm.
"Excise Tax" refers to a levy on goods that generate environmental harm, such as vehicles emitting high levels of pollution or industrial products that contribute to climate change, encouraging companies and consumers to choose cleaner alternatives.
Definition of "Excise Tax" as a tax imposed on goods based on their price and consumption patterns
This definition connects "Excise Tax" to price and consumption.
"Excise Tax" means a tax imposed on goods based on their price and consumption patterns, often targeting items like luxury cars or designer goods, which are taxed at a higher rate due to their status as non-essential purchases.
Definition of "Excise Tax" as a method of reducing the negative effects of specific products
This definition links "Excise Tax" to negative effects.
"Excise Tax" refers to a method of reducing the negative effects of specific products, such as sugary drinks or unhealthy food products, by imposing taxes to dissuade consumption and fund public health campaigns.
Definition of "Excise Tax" as a tool for managing government revenues and controlling industry
This definition ties "Excise Tax" to revenue and industry control.
"Excise Tax" refers to a tool used by governments for managing revenues and controlling industry practices, often applied to sectors such as tobacco, alcohol, and energy, to ensure fair taxation and industry regulation.
Definition of "Excise Tax" as a tax on products deemed harmful to public health
This definition ties "Excise Tax" to public health.
"Excise Tax" refers to a tax imposed on products deemed harmful to public health, such as cigarettes, alcohol, and sugary foods, with the goal of reducing consumption and funding public health initiatives.
Definition of "Excise Tax" as a tax imposed on specific consumer goods and services
This definition connects "Excise Tax" to consumer goods and services.
"Excise Tax" means a tax applied to specific consumer goods and services, such as gasoline, alcohol, or tobacco, often collected at the point of sale or manufacture.
Definition of "Excise Tax" as a tax used to regulate industries with negative societal effects
This definition links "Excise Tax" to industry regulation.
"Excise Tax" refers to a tax used by governments to regulate industries with negative societal effects, such as the tobacco or alcohol industries, to reduce consumption and raise awareness of the associated risks.
Definition of "Excise Tax" as a tax on items that are not essential for daily living
This definition ties "Excise Tax" to non-essential items.
"Excise Tax" means a tax levied on items that are not considered essential for daily living, such as luxury goods, entertainment services, or high-end vehicles, to generate revenue or discourage excessive consumption.
Definition of "Excise Tax" as a tax intended to discourage the consumption of specific goods
This definition connects "Excise Tax" to discouraging consumption.
"Excise Tax" refers to a tax intended to discourage the consumption of specific goods, such as alcohol, tobacco, or fossil fuels, by increasing the cost of these products and influencing consumer behavior.
Definition of "Excise Tax" as a tax on production or sale to control market behavior
This definition links "Excise Tax" to market control.
"Excise Tax" refers to a tax applied to the production or sale of goods, such as cigarettes or energy products, to control market behavior, reduce harmful consumption, and fund government initiatives.
Definition of "Excise Tax" as a government charge imposed on manufactured products
This definition ties "Excise Tax" to manufacturing.
"Excise Tax" refers to a government charge imposed on manufactured products, such as alcohol, fuel, or electronics, to generate revenue and regulate industries that impact public welfare.
Definition of "Excise Tax" as a fee on goods associated with environmental harm
This definition connects "Excise Tax" to environmental harm.
"Excise Tax" means a fee on goods or services associated with environmental harm, such as vehicles emitting high levels of pollution or non-renewable energy sources, aimed at reducing negative environmental impacts.
Definition of "Excise Tax" as a tax on goods that have the potential to harm consumers
This definition links "Excise Tax" to consumer protection.
"Excise Tax" refers to a tax applied to goods that have the potential to harm consumers, such as tobacco or alcohol, with the intention of protecting public health and generating funds for related health programs.
Definition of "Excise Tax" as a tax used to support government programs targeting health risks
This definition connects "Excise Tax" to government programs.
"Excise Tax" refers to a tax used to support government programs targeting health risks associated with certain products, such as tobacco or unhealthy foods, with the revenue allocated to healthcare or prevention programs.
Definition of "Excise Tax" as a charge on luxury items that is intended to curb excessive consumption
This definition ties "Excise Tax" to luxury consumption.
"Excise Tax" means a charge on luxury items, such as high-end vehicles or jewelry, that is intended to curb excessive consumption of non-essential products and raise revenue for government initiatives.
Definition of "Excise Tax" as a tax designed to influence consumer decisions and behavior
This definition links "Excise Tax" to consumer decisions.
"Excise Tax" refers to a tax designed to influence consumer decisions and behavior, often by making harmful or non-essential goods more expensive, such as carbonated beverages or tobacco products.
Definition of "Excise Tax" as a tax intended to promote public welfare by reducing consumption of harmful goods
This definition connects "Excise Tax" to public welfare.
"Excise Tax" means a tax imposed with the intention to promote public welfare by reducing the consumption of harmful goods, such as unhealthy foods, alcohol, or tobacco, thereby improving public health.
Definition of "Excise Tax" as a tax that is passed on to consumers through higher prices
This definition ties "Excise Tax" to price increases.
"Excise Tax" refers to a tax that is passed on to consumers in the form of higher prices for goods such as gasoline, alcohol, or luxury items, often intended to raise government revenue or regulate consumption.
Definition of "Excise Tax" as a selective tax imposed on products with negative social consequences
This definition connects "Excise Tax" to social consequences.
"Excise Tax" refers to a selective tax imposed on products with negative social consequences, such as gambling or tobacco, with the goal of reducing social harm and raising revenue for public services.
Definition of "Excise Tax" as a tax on activities or goods deemed to have societal costs
This definition links "Excise Tax" to societal costs.
"Excise Tax" refers to a tax levied on activities or goods deemed to have societal costs, such as pollution from certain industries, to offset the negative effects on society and the environment.
Definition of "Excise Tax" as a tax applied to products based on their environmental impact
This definition ties "Excise Tax" to environmental impact.
"Excise Tax" means a tax applied to products or activities based on their environmental impact, such as taxes on carbon emissions or plastic products, designed to incentivize cleaner alternatives.
Definition of "Excise Tax" as a measure to fund public services by taxing consumption
This definition connects "Excise Tax" to funding public services.
"Excise Tax" refers to a measure used to fund public services by taxing the consumption of specific products, such as gas or tobacco, with the revenue supporting infrastructure, healthcare, and education.
Definition of "Excise Tax" as a levy on products that influence consumer health or behavior
This definition ties "Excise Tax" to consumer health.
"Excise Tax" refers to a levy on products that influence consumer health or behavior, such as sugary drinks or tobacco, aimed at encouraging healthier choices and reducing the financial burden on public health systems.
Definition of "Excise Tax" as a tool for managing consumer demand for certain goods
This definition connects "Excise Tax" to demand management.
"Excise Tax" means a tool used to manage consumer demand for certain goods, particularly those with negative health or environmental impacts, by making them more expensive to deter excessive consumption.
Definition of "Excise Tax" as a government-imposed tax on specific goods
This definition ties "Excise Tax" to government imposition.
"Excise Tax" refers to a government-imposed tax on specific goods, services, or activities, such as alcohol, tobacco, or luxury items, typically levied at the point of manufacture or sale.
Definition of "Excise Tax" as a tax on goods to regulate consumption and raise revenue
This definition connects "Excise Tax" to regulation and revenue generation.
"Excise Tax" means a tax levied on goods to regulate consumption, discourage harmful behaviors, and raise revenue for government projects, such as healthcare, infrastructure, or environmental protection.
Definition of "Excise Tax" as a tax targeting products with potential public health risks
This definition links "Excise Tax" to public health concerns.
"Excise Tax" refers to a tax targeting products with potential public health risks, such as tobacco, alcohol, and sugary drinks, to reduce consumption and fund public health initiatives.
Definition of "Excise Tax" as a tax on goods consumed or produced for specific industries
This definition ties "Excise Tax" to specific industries.
"Excise Tax" means a tax levied on goods that are consumed or produced for specific industries, such as fuel for the energy sector or luxury items for the high-end market, to generate industry-specific revenues or manage external costs.
Definition of "Excise Tax" as a tax on products deemed non-essential or luxury
This definition connects "Excise Tax" to luxury goods.
"Excise Tax" refers to a tax on products deemed non-essential or luxury goods, such as high-end electronics or expensive cars, often designed to generate additional government revenue from discretionary spending.
Definition of "Excise Tax" as a tax imposed on goods that have environmental impacts
This definition links "Excise Tax" to environmental concerns.
"Excise Tax" refers to a tax imposed on goods that have environmental impacts, such as carbon emissions from fuels or plastics, with the goal of incentivizing the use of more environmentally friendly alternatives.
Definition of "Excise Tax" as a tax on the sale or consumption of alcohol and tobacco
This definition ties "Excise Tax" to alcohol and tobacco.
"Excise Tax" means a tax specifically applied to the sale or consumption of alcohol and tobacco products, designed to regulate these industries and generate revenue for public health programs.
Definition of "Excise Tax" as a tax applied at the production stage of specific products
This definition connects "Excise Tax" to production.
"Excise Tax" refers to a tax applied at the production stage of specific products, such as gasoline or motor vehicles, before the goods are distributed to retailers or consumers.
Definition of "Excise Tax" as a charge on luxury goods and services to reduce excessive consumption
This definition ties "Excise Tax" to luxury consumption.
"Excise Tax" means a charge levied on luxury goods and services to reduce excessive consumption of high-end or non-essential products, discouraging their purchase and encouraging more equitable consumption.
Definition of "Excise Tax" as a government policy tool to control behavior
This definition links "Excise Tax" to policy control.
"Excise Tax" refers to a government policy tool used to control behavior, such as imposing taxes on unhealthy products like alcohol and tobacco to reduce consumption and encourage healthier lifestyle choices.
Definition of "Excise Tax" as a form of taxation on goods used in recreational activities
This definition connects "Excise Tax" to recreation.
"Excise Tax" refers to a form of taxation imposed on goods used in recreational activities, such as firearms or sports equipment, to generate revenue and regulate the use of certain items.
Definition of "Excise Tax" as a tax intended to address market externalities
This definition ties "Excise Tax" to market externalities.
"Excise Tax" means a tax intended to address market externalities, such as environmental damage, by taxing products that cause harm, like fossil fuels or plastic products, to help offset the negative impacts on society.
Definition of "Excise Tax" as a fee charged on goods that generate substantial government revenue
This definition links "Excise Tax" to government revenue.
"Excise Tax" refers to a fee charged on goods that generate substantial government revenue, typically targeting products like alcohol, gasoline, and tobacco, which are taxed at the point of manufacture or sale.
Definition of "Excise Tax" as a tax designed to reduce the social costs of specific industries
This definition connects "Excise Tax" to social costs.
"Excise Tax" refers to a tax designed to reduce the social costs of specific industries, such as the tobacco or alcohol industries, by raising the cost of consumption and using the funds for public health or welfare programs.
Definition of "Excise Tax" as a tax designed to fund public health initiatives
This definition ties "Excise Tax" to public health funding.
"Excise Tax" means a tax designed to fund public health initiatives, such as taxes on sugary beverages or tobacco products, aimed at addressing health issues caused by excessive consumption.
Definition of "Excise Tax" as a form of taxation intended to influence purchasing decisions
This definition links "Excise Tax" to purchasing decisions.
"Excise Tax" refers to a form of taxation intended to influence purchasing decisions, especially by taxing harmful goods like alcohol, tobacco, or gasoline, to discourage overconsumption.
Definition of "Excise Tax" as a levy on goods that generate environmental harm
This definition ties "Excise Tax" to environmental harm.
"Excise Tax" refers to a levy on goods that generate environmental harm, such as vehicles emitting high levels of pollution or industrial products that contribute to climate change, encouraging companies and consumers to choose cleaner alternatives.
Definition of "Excise Tax" as a tax imposed on goods based on their price and consumption patterns
This definition connects "Excise Tax" to price and consumption.
"Excise Tax" means a tax imposed on goods based on their price and consumption patterns, often targeting items like luxury cars or designer goods, which are taxed at a higher rate due to their status as non-essential purchases.
Definition of "Excise Tax" as a method of reducing the negative effects of specific products
This definition links "Excise Tax" to negative effects.
"Excise Tax" refers to a method of reducing the negative effects of specific products, such as sugary drinks or unhealthy food products, by imposing taxes to dissuade consumption and fund public health campaigns.
Definition of "Excise Tax" as a tool for managing government revenues and controlling industry
This definition ties "Excise Tax" to revenue and industry control.
"Excise Tax" refers to a tool used by governments for managing revenues and controlling industry practices, often applied to sectors such as tobacco, alcohol, and energy, to ensure fair taxation and industry regulation.
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