Excise Taxes in the United States

Excise taxes in the U.S. are not uniform and exist at both the federal and state levels. Excise taxes may exist for citizens, in which case they are included in the cost of goods, and for companies, for example, those involved in the extraction of natural resources.

All states tax different types of fuel at their own rates. They are set in cents per gallon of fuel. Excise taxes on alcohol are also collected at the state level. In some, these taxes are set as a percentage of wholesale or retail sales; in others, the rates are expressed in dollars per gallon of liquor and vary according to the strength of the liquor.

The number of excise taxes is constantly increasing. For example, with the advent of the e-cigarette fashion, some states introduced an excise tax on vaping liquid, and with the beginning of legal marijuana sales, a number of states introduced a corresponding excise tax.
Excise payments on e-cigarette liquids – U.S. company registration: the U.S. tax system

Excise payments on e-cigarette liquids are some of the “youngest” taxes in the U.S., along with taxes on marijuana sales.

When it comes to excise taxes for U.S. corporations, excise taxes are taxes paid by companies on the extraction of natural resources: oil, gas, coal, timber.