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This phrase is correct and can be used in written English.
You can use it when you are talking about the introduction of a new tax, for example: The government recently introduced a tax on sugary drinks.
Exact(36)
Ireland introduced a tax in 2002.
a. Introduced a tax on tea.
In 1763 prime minister Bute introduced a tax on cider of four shillings a hogshead.
In his budget this year, George Osborne introduced a tax credit for the performing arts.
Senate Democrats have introduced a tax relief bill that is linked specifically to companies hiring new employees.
On 16 March, George Osborne introduced a tax on sugary drinks that will come into effect in April 2018.
Similar(24)
To stimulate business R&D, in 2002 the Norwegian government introduced a tax-based incentive, SkatteFUNN.
Flight Lieutenant Alex Morrison by email The Labour government introduced a tax-free lump sum operational allowance of up to £2,380 (paid at the end of a six-month tour).
A decade ago, Paul Ryan, who was then a member of the House Budget Committee, introduced a tax-and-spending bill called the Roadmap for America's Future Act of 2008.
On the morning of June 25th, in the midst of the first truly busy week of what had been a sullen, somnolent congressional season, Tom Daschle, of South Dakota, the leader of the Senate Democrats, introduced a tax-cutting plan that he immediately acknowledged had no hope of passage.
By Joe Klein On the morning of June 25th, in the midst of the first truly busy week of what had been a sullen, somnolent congressional season, Tom Daschle, of South Dakota, the leader of the Senate Democrats, introduced a tax-cutting plan that he immediately acknowledged had no hope of passage.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com