MLchartDataset catalogue

Federal excise tax FET

Term · Insurance and risk management · MLC-T-INS-001474

A tax imposed by the federal government on the sale or use of certain goods and services, including some insurance premiums. This tax is often levied on specific types of insurance, such as foreign insurance or reinsurance. It adds to the cost of insurance for policyholders and must be collected and remitted by insurers.

Table 1. Record
IdentifierMLC-T-INS-001474
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-001474",
  "term": "Federal excise tax FET",
  "field": "Insurance and risk management",
  "definition": "A tax imposed by the federal government on the sale or use of certain goods and services, including some insurance premiums. This tax is often levied on specific types of insurance, such as foreign insurance or reinsurance. It adds to the cost of insurance for policyholders and must be collected and remitted by insurers.",
  "url": "https://mlchart.com/terminology/insurance/federal-excise-tax-fet/"
}

Record 1,346 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.