The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

EXCISE DUTY Definition & Legal Meaning

Definition & Citations:

1. A tax on manufactured, exchanged, or locally sold produce goods. 2. A tax on a company’s revenue, instead of on the company’s income. 3. A fixed tax on an activity or occupation, like certifying as a broker, doctor, lawyer. Known also as excise tax.


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