0
A tariff is the tax placed on the shipment of imported goods that are imported. An excise tax is an indirect tax that is charged upon the sale of one good.
Wiki User
∙ 12y ago
Bharusri_2010
A tariff is the tax placed on the shipment of imported goods that are imported. An excise tax is an indirect tax that is charged upon the sale of one good.
Atsede Tsigabu
A tariff tax is a tax charged on import shipment of goods but excise tax is on sales of one good.
Add your answer:
Earn +20 pts
Difference between Excise tax and sales tax?
Sales tax is what consumers normally pay for, or are charged for a good/ service; and excise tax is the "hidden" tax that the producers or sellers pay for. Sales tax is listed separately. Sometimes producers and sellers include the value of the excise tax within the goods or service as an " indirect tax". So that means, theoretically, sometimes consumers are being taxed twice for the price. You can find more info about sales tax and excise tax at the B.L.S. or the Federal Bureau of Labor and Stats...
Is excise tax the same as sales tax?
no
A tax on perfume is what kind of tax?
A tax on perfume is an excise tax. An excise tax is an in-country, or inland, tax on a specific good produced for sale. If the tax is on the perfume as it is imported, it is a customs duty or border tax.
Which is an example of an excise tax?
a tax on certain products
Which best defines excise tax?
a tax on a vendor's sale by an authorized level of government
Which of these increases the price of certain foreign-made goods?
An import tariff increases the sale price of foreign-made goods.
What is the difference between a tax and a tariff?
Taxes are collected internally while tariffs are collected on imports.
A tax on perfume is an example of what?
A tax on perfumeA tax on perfume is an example of an excise tax. Excise taxes are indirect taxes on certain types of goods.
What is the difference between a tariff and protective tariff?
A tariff is a tax on imports A protective Tariff is a tax on imports to protect an industry in your country by making the imported goods more expensive and less attractive to the consumer. A successful use of this can be seen in the history of Harley Davidson Motorcycles.
Difference between Excise tax and sales tax?
Sales tax is what consumers normally pay for, or are charged for a good/ service; and excise tax is the "hidden" tax that the producers or sellers pay for. Sales tax is listed separately. Sometimes producers and sellers include the value of the excise tax within the goods or service as an " indirect tax". So that means, theoretically, sometimes consumers are being taxed twice for the price. You can find more info about sales tax and excise tax at the B.L.S. or the Federal Bureau of Labor and Stats...
What is another word for tariff?
There are several other words or synonyms for tariff. These words include cost, duty, excise, tax, toll, assessment, tab, charge, and price tag.
What has the author E J Cooper written?
E. J. Cooper has written: 'Customs and excise law' -- subject(s): Customs administration, Excise tax, Law and legislation, Tariff
Which of the following does not increase the price of certain goods a property tax B excise tax C tariff D sales tax?
property taxes
What is a tax on production or sale of good called?
excise tax
Where did hamilton expect revenue to pay the interest on the national debt would come from?
He expected it to come from A protective Tariff, Customs duties and an excise tax
What is the difference between a tariff and an important quota?
A tariff is a tax on trade; a quota is a restriction on trade within a certain time or date.
What items get excise tax?
alcohol cigarettes and items like that are taxed with and excise tax
