Baker Hughes Excise Taxes (Quarterly)

Excise Tax is a indirect tax imposed on goods or services that have been specified in federal, state/province, or local tax law. Common goods and services that may be subject to excise tax include fuel, alcohol, tobacco, and transportation. While excise taxes are typically levied on businesses, these companies often pass the tax burden on to consumers. The excise tax numbers displayed in YCharts are taken from a line item in the company’s income statement

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