# Excise Tax Practice

**IRI:** https://folio.openlegalstandard.org/RCc2g99sFHEbUR6mIr1hLKE

## Labels

## Definition

Excise Tax Practice refers to the application, administration, and enforcement of taxes imposed on specific goods, services, or activities, such as alcohol, tobacco, fuel, and gambling. These taxes are typically levied at the point of production or sale and are often used to generate revenue and regulate consumption of certain products.

## Sub Class Of

- https://folio.openlegalstandard.org/R527Rr0DAZ1Lu9VPx6QRbj

**Deprecated:** False