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Excise tax in the United States information


Excise tax in the United States is an indirect tax on listed items. Excise taxes can be and are made by federal, state, and local governments and are not uniform throughout the United States. Certain goods, such as gasoline, diesel fuel, alcohol, and tobacco products, are taxed by multiple governments simultaneously.[1] Some excise taxes are collected from the producer or retailer and not paid directly by the consumer, and as such, often remain "hidden" in the price of a product or service rather than being listed separately.

  1. ^ For example, a pack of 20 cigarettes bought in New York City would include the federal excise tax of $1.01, the New York State excise tax of $4.35, and the City excise tax of $1.50. For New York state and city tax rates, see New York State Department of Taxation and Finance, "Cigarette and Tobacco Products Tax,"https://www.tax.ny.gov/bus/cig/cigidx.htm, retrieved December 18, 2021.

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Excise tax in the United States

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