| NOUN | possession | excise tax, excise | a tax that is measured by the amount of business done (not on property or income from real estate) |
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| Meaning | A tax that is measured by the amount of business done (not on property or income from real estate). | |
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| Synonym | excise | |
| Narrower | VAT, value-added tax, ad valorem tax | 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 | |
| sales tax, nuisance tax | A tax based on the cost of the item purchased and collected directly from the buyer | |
| Broader | indirect tax | A tax levied on goods or services rather than on persons or organizations |
| Spanish | especiales, impuesto al consumo, impuesto especial, impuesto sobre el consumo | |
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