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excise tax vs indirect tax

indirect tax vs excise tax

excise tax and indirect tax both are nouns.

Word NounAdjectiveVerbAdverb
excise tax Yes No No No
indirect tax Yes No No No
As nouns, indirect tax is a hypernym of excise tax; that is, indirect tax is a word with a broader meaning than excise tax:
  • excise tax: a tax that is measured by the amount of business done (not on property or income from real estate)
  • indirect tax: a tax levied on goods or services rather than on persons or organizations
excise tax (noun) indirect tax (noun)
a tax that is measured by the amount of business done (not on property or income from real estate) a tax levied on goods or services rather than on persons or organizations
Difference between excise tax and indirect tax

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