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Excise – Wikipedia, the free encyclopedia.

MARK

…”The etymology of the word excise is derived from the Dutch accijns, which is presumed to come from the Latin accensare, meaning simply “to tax”.

Regulatory and legal definitions of ‘excise’ vary by country. For example:

In India, an excise is described as an indirect tax levied and collected on the goods manufactured in India.

In the United Kingdom, HM Revenue and Customs lists “alcohol, environmental taxes, gambling, holdings & movements, hydrocarbon oil, money laundering, refunds of duty, revenue trader’s records, tobacco duty, and visiting forces” as being subject to excise.[2] Some of the listed items are not goods, but rather services.

The Australian Taxation Office describes an excise as “a tax levied on certain types of goods produced or manufactured in Australia. These… include alcohol, tobacco and petroleum and alternative fuels”.[3]”…

WELL DOESN’T THAT BLOW ME AWAY… AN EXCISE TAX ON ‘MONEY LAUNDERING’

GUESS THE BEST WAY TO AVOID THAT IS TO KEEP IT DIRTY.

YIKES, WHO KNEW ???

I’LL BE BACK ON THIS SUBJECT OF EXCISE TAX LATTER.