Excise
An excise or excise tax (sometimes called a duty of excise special tax) is commonly referred to as an inland tax on the sale, or production for sale, of specific goods; or, more narrowly, as a tax on a good produced for sale, or sold, within a country or licenses for specific activities. Excises are distinguished from customs duties, which are taxes on importation. Excises are inland taxes, whereas customs duties are border taxes.
This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article “Excise“.
This entry was posted on Friday, October 21st, 2011 and is filed under E.
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