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tax varieties

What Type Of Tax Is Excise Tax?

January 24, 2024 by Diane Mitchell

What Type Of Tax Is Excise Tax? An excise tax, unlike a sales tax, is an indirect tax. … According to the Internal Revenue Service, excise taxes are taxes paid when purchases are made on a specific good, such as gasoline. The price of something subject to an excise tax often includes the tax in

Categories Uncategorized Tags excise tax, excise taxes, indirect taxes, regressive tax, tax varieties

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