An indirect tax levied upon the manufacture, sale or consumption of commodities or upon the license to pursue certain occupations or upon corporate privileges within a taxing jurisdiction Examples of such taxes include sales and use taxes and taxes on alcohol and cigarettes
The annual tax of 1 or 2 percent of net investment income that must be paid to the IRS by private foundations Topic areas: Fundraising and Financial Sustainability
A prerequisite to motor vehicles registering in Maine The tax is determined by multiplying the manufacturer's list price by a mil rate determined by the age of the motor vehicle
An excise tax is a tax applied to the consumption of a particular type of good, such as alcohol or tobacco Excise taxes apply at the same rates to domestic or imported goods They must not be confused with customs duties which apply to imports only
A tax on autos, motorcycles and small trucks in lieu of personal property tax on these items It is collected at the point of vehicle registration All proceeds are distributed among local units of government based on the distribution of property tax revenues