Definitions for "Excise Taxes"
The Internal Revenue Service collects federal excise tax on the following: Telephone communications Air transportation Motor fuels Heavy truck sales Windfall profit tax on domestic crude oil production Environmental tax on the receipt of hazardous materials Environmental tax on manufacturing petroleum and chemicals Highway use tax by heavy trucks and buses Production, sale, or importing of alcohol, tobacco, or firearms Luxury tax on high-end passenger cars, yachts, and other consumer luxury goods For more information on federal excise taxes, see Publication 510.
Taxes on the manufacture, sale, or consumption of a manufactured article within a country.
Excise taxes apply to various products, including the transportation excise taxes on gasoline, diesel fuel and tires, but also alcohol, tobacco and telephone service.