Thread: Excise Tax vs Excise Duty

Hello Hebe,

I'm completely out of my field here although I did a little searching and what I found it's that in Spanish there are not any different between this two terms, both are translated as "Impuestos especiales" or "Impuestos sobre consumos específicos".

Sorry for not being of any help but I hope some one can find an explanation on this.

BTW in that survey that you are on how do they differentiate them?


Kindest regards

An excise or excise tax (sometimes called an excise duty) is a type of tax charged on goods produced within the country (as opposed to customs duties, charged on goods from outside the country): It is a tax on the production or sale of a good.
Typical examples of excise duties are taxes on Tobacco, alcohol, and gasoline.

Excise duty is a tax levied on the producer of certain goods, commodities and activities. It is a separate tax from VAT and is different from it in that VAT solely affects the consumer (although, naturally, the consumer also indirectly pays the excise, as it is included in the eventual sale price of the product).

Excise tax is notable insofar as how vague its definition actually is - it would be difficult, if at all possible, to find a precise definition explaining what it is that categorizes goods subject to excise tax. Lists of such goods are readily provided by governments, and it is possible to comparatively deduce what motives might be used for grouping such goods together; however, no explicit, formal definition appears to be provided by any one government.



Good Luck!! Hopefully, this helps to understand the difference between excise duty and excise tax. Regards