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    Excise: Indirect Tax

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    Maika J. Pudadera
    An excise duty is an indirect tax imposed on goods during their manufacture, production or distribution that is usually proportionate to quantity or value. Excise duties were first introduced in England in 1643 and included charges on items like beer, ale, cider, tobacco and later soap, candles, and malt. The basic principle is that excise duties are taxes on domestically produced or manufactured articles that cannot be taxed at customs. Excise duties and exemptions are also used to influence consumption patterns and behaviors through "sin taxes" on items like alcohol, tobacco, and pornography.

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    Excise: Indirect Tax

    Uploaded by

    Maika J. Pudadera
    13 views1 page
    An excise duty is an indirect tax imposed on goods during their manufacture, production or distribution that is usually proportionate to quantity or value. Excise duties were first introduced in England in 1643 and included charges on items like beer, ale, cider, tobacco and later soap, candles, and malt. The basic principle is that excise duties are taxes on domestically produced or manufactured articles that cannot be taxed at customs. Excise duties and exemptions are also used to influence consumption patterns and behaviors through "sin taxes" on items like alcohol, tobacco, and pornography.

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    An excise duty is an indirect tax imposed on goods during their manufacture, production or distribution that is usually proportionate to quantity or value. Excise duties were first introduced in England in 1643 and included charges on items like beer, ale, cider, tobacco and later soap, candles, and malt. The basic principle is that excise duties are taxes on domestically produced or manufactured articles that cannot be taxed at customs. Excise duties and exemptions are also used to influence consumption patterns and behaviors through "sin taxes" on items like alcohol, tobacco, and pornography.

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    © All Rights Reserved
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    Download as docx, pdf, or txt
    13 views1 page

    Excise: Indirect Tax

    Uploaded by

    Maika J. Pudadera
    An excise duty is an indirect tax imposed on goods during their manufacture, production or distribution that is usually proportionate to quantity or value. Excise duties were first introduced in England in 1643 and included charges on items like beer, ale, cider, tobacco and later soap, candles, and malt. The basic principle is that excise duties are taxes on domestically produced or manufactured articles that cannot be taxed at customs. Excise duties and exemptions are also used to influence consumption patterns and behaviors through "sin taxes" on items like alcohol, tobacco, and pornography.

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    © All Rights Reserved
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    Excises[edit]

    Main article: Excise
    An excise duty is an indirect tax imposed upon goods during the process of their manufacture,
    production or distribution, and is usually proportionate to their quantity or value. Excise duties were
    first introduced into England in the year 1643, as part of a scheme of revenue and taxation devised
    by parliamentarian John Pym and approved by the Long Parliament. These duties consisted of
    charges on beer, ale, cider, cherry wine and tobacco, to which list were afterwards added paper,
    soap, candles, malt, hops, and sweets. The basic principle of excise duties was that they were taxes
    on the production, manufacture or distribution of articles which could not be taxed through
    the customs house, and revenue derived from that source is called excise revenue proper. The
    fundamental conception of the term is that of a tax on articles produced or manufactured in a
    country. In the taxation of such articles of luxury as spirits, beer, tobacco, and cigars, it has been the
    practice to place a certain duty on the importation of these articles (a customs duty).[18]
    Excises (or exemptions from them) are also used to modify consumption patterns of a certain area
    (social engineering). For example, a high excise is used to discourage alcohol consumption, relative
    to other goods. This may be combined with hypothecation if the proceeds are then used to pay for
    the costs of treating illness caused by alcohol abuse. Similar taxes may exist
    on tobacco, pornography, etc., and they may be collectively referred to as "sin taxes". A carbon
    tax is a tax on the consumption of carbon-based non-renewable fuels, such as petrol, diesel-fuel, jet
    fuels, and natural gas. The object is to reduce the release of carbon into the atmosphere. In the
    United Kingdom, vehicle excise duty is an annual tax on vehicle ownership.

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