to excise a duty (a tax)
21excise duty — A duty or tax levied on certain goods consumed within a country, such as alcoholic drinks and tobacco products, unlike customs duty, which is levied on imports. In the UK, both excise and customs duties are collected by the Board of Customs and… …
22tax point — The point in time that establishes the rates of duty and tax, rate of exchange etc. that apply to a transaction or a declaration made to HM Customs and Excise. HM Customs & Revenue Glossary …
23excise — ex·cise / ek ˌsīz, ˌsīs/ n 1: a tax levied on the manufacture, sale, or consumption of a commodity compare income tax, property tax 2: any of various taxes on privileges often assessed in the form of a license or other fee see also …
24excise — ex‧cise [ˈeksaɪz] noun [countable, uncountable] TAX 1. a government tax that is charged on certain goods that are sold in the country, for example alcoholic drinks and petrol: • An excise on home production of tobacco could have produced the same …
25tax — 1 vt [Medieval Latin taxare to assess for taxation, tax, from Latin, to assess, value, fix] 1: to assess or determine judicially the amount of (costs of an action in court) 2: to levy a tax on tax the corporation tax capital gains tax·er n tax 2 …
26Duty — Du ty, n.; pl. {Duties}. [From {Due}.] 1. That which is due; payment. [Obs. as signifying a material thing.] [1913 Webster] When thou receivest money for thy labor or ware, thou receivest thy duty. Tyndale. [1913 Webster] 2. That which a person… …
27Excise — Ex*cise , n. [Apparently fr. L. excisum cut off, fr. excidere to cut out or off; ex out, off + caedere to cut; or, as the word was formerly written accise, fr. F. accise, LL. accisia, as if fr. L. accidere, accisum, to cut into; ad + caedere to… …
28tax — [n1] charge levied by government on property, income assessment, bite*, brokerage, capitation, contribution, cost, custom, dues, duty, excise, expense, fine, giveaway*, imposition, impost, levy, obligation, pork barrel*, price, rate, salvage,… …
29excise — excise1 [ek′sīz΄; ] occas. [, ek′sīs΄] n. [altered (after EXCISE2) < earlier accise < MDu accijs, earlier assijs < OFr assise: see ASSIZE] 1. a tax or duty on the manufacture, sale, or consumption of various commodities within a country …
30tax´er — tax «taks», noun, verb. –n. 1. money paid by people for the support of the government and the cost of public works and services; money or sometimes goods collected from citizens by their rulers; assessment; levy: »Our parents pay taxes to the… …
