What is the name of a tax assessed on a specific thing, such as theater tickets, alcoholic beverages, or tobacco? specific tax single item tax precise tax excise tax

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07-03-2015
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What is the name of a tax assessed on a specific thing, such as theater tickets, alcoholic beverages, or tobacco? specific tax single item tax precise tax excise tax

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WorldCitizen WorldCitizen · Answer 1 · 2016-02-05T17:08:09-05:00

WorldCitizen WorldCitizen

05-02-2016

The correct answer is excise tax!

The word "excise" has a Dutch etymology - perhaps that's why it's not immediately recognizeable as a special item tax.

it is used for specific kinds of goods, most typically alcohol and tobacco. Other goods, include vehicles and gambling activities.

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