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See accumulated-earnings tax. A tax imposed on an employer by state or federal law to cover the cost of unemployment insurance. • The Federal Unemployment Tax Act (FUTA) provides for a tax based on a percentage of employee earnings but allows a credit for amounts paid in state unemployment taxes. [Cases: Internal Revenue 4305. C.J.S.…

1. A tax imposed on the transfer of property, esp. by will, inheritance, or gift. [Cases: Internal Revenue 4220–4228; Taxation 856–898. C.J.S. Internal Revenue §§ 576–578; Taxation§§ 1783–1792, 1794–1944, 1948, 1988.] 2. See stock-transfer tax. 3. See generation-skipping transfer tax. [Blacks Law 8th]

See tonnage duty under DUTY(4). [Blacks Law 8th]

A tax, usu. temporary, levied during the term of a budget to cover an unexpected deficit. — Also termed additional tax. succession tax.See inheritance tax (1). surtax. An additional tax imposed on something being taxed or on the primary tax itself. [Cases: Taxation 1061. C.J.S. Taxation § 1698.] [Blacks Law 8th]

A tax levied by the federal government and by some states on the transfer or sale of shares of stock. — Often shortened to transfer tax. [Cases: Internal Revenue 4404; Taxation 105.5. C.J.S. Taxation §§ 167, 1681–1692.] “Some state statutes impose special taxes, usually in the form of a stamp tax, upon sales and agreements…

1. A tax — usu. in the form of a sales or income tax — earmarked for state, rather than federal or municipal, purposes. [Cases: Taxation 1. C.J.S. Taxation §§ 1–3, 5–6.] 2. A tax levied under a state law. [Blacks Law 8th]

A tax imposed by requiring the purchase of a revenue stamp that must be affixed to a legal document (such as a deed or note) before the document can be recorded. — Also termed documentary-stamp transfer tax. [Cases: Internal Revenue 4390–4409.] [Blacks Law 8th]

See pickup tax [Blacks Law 8th]

A tax imposed as a fixed sum on each article or item of property of a given class or kind without regard to its value. [Blacks Law 8th]

A tax to be applied to the repayment of a public loan. sin tax.An excise tax imposed on goods or activities that are considered harmful or immoral (such as cigarettes, liquor, or gambling). — Also termed repressive tax. Cf. luxury tax. special tax. 1. A tax levied for a unique purpose. 2. A tax (such…