|Overview: Excise Duty|
A domestic tax on certain goods, often on a per unit basis.
What is an Excise Duty?
John Spacey, updated on July 12, 2023
An excise duty, or excise tax, is an inland tax on the production or sale of certain goods. This can be contrasted with customs duties that are taxes on imported goods.Excise duties are often described as hidden taxes because they show up in the price of goods without being explicitly paid by consumers. In many cases, they are applied on a per unit basis and may target things such as alcohol, tobacco and gasoline.
Business CostsThis is the complete list of articles we have written about business costs.
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A list of common types of business cost.
A principle of financial accounting.A list of common types of business cost.
A definition of cost escalation with an example.
Common examples of cost reduction.
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Detailed examples of how to map out the cost structure of a business.
The definition of cost competition with examples.
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