TV broadcast stations around Emerald Isle: 1  WCTI-TV (Channel 12; NEW BERN, NC; Owner: EASTERN NORTH CAROLINA BROADCASTING CORPORATION) 2  WUNM-TV (Channel 19; JACKSONVILLE, NC; Owner: UNIVERSITY OF NORTH CAROLINA) 3  WITN-TV (Channel 7; WASHINGTON, NC; Owner: WITN LICENSEE CORP.)
Excise. A tax imposed on the performance of an act, the engaging in an occupation, or the enjoyment of a privilege. A tax on the manufacture, sale, or use of goods or on the carrying on of an occupation or activity, or a tax on the transfer of property.
Excise Tax. An excise tax is an indirect tax, usually paid by the manufacturer or retailer of the product, then passed along in the price of the product to the consumer. For instance, goods such as cigarettes and alcohol are often taxed by the state or local authority, at a flat rate per item. This tax is added into the retail price, making it somewhat of a hidden tax, ultimately paid by the end user of the product. To explore this concept, consider the following excise tax definition.