Term:
Excise duties
Definition:

Excise duties consist of special taxes levied on specific kinds of goods, typically alcoholic beverages, tobacco and fuels; they may be imposed at any stage of production or distribution and are usually assessed by reference to the weight or strength or quantity of the product.

Domain:
Economics & National Accounts
Source:
SNA 7.69 and OECD 5121
arrow-up icon
Feedback