excise duty

  

Definitions (3)

1. A percentage levied on manufacture, sale, or use of locally produced goods (such as alcoholic drinks or tobacco products).
2. A percentage tax levied on a company's revenue, instead of (like income tax) on the company's income.
3. A fixed tax levied on an activity or occupation, such as the license fee charged from attorneys, doctors, and other professionals. Also called excise tax.

Use excise duty in a sentence

Related Videos




http://www.businessdictionary.com/definition/excise-duty.html

Have a question about excise duty? Ask for help in the
Community
advertise here

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z