a tax that is imposed by states on corporations; it depends both on the net worth of the corporation and on its net income attributable to activities within the state
English language
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franchise tax::noun | Spocien Dictionary
| Type | Words |
|---|---|
| Type of | revenue enhancement, tax, taxation |
Examples of franchise tax
franchise tax
First, the plant developer gets up to $100 million in franchise tax credit.
From the dallasnews.com
A revised business franchise tax yielded $1.4 billion less than expected the first year.
From the dallasnews.com
Advanced knowledge of sales and use, income, and franchise tax is required in this role.
From the jobview.monster.com
Texas doesn't have a corporate income tax but does have a franchise tax based on sales.
From the charlotteobserver.com
Perry said the new franchise tax was a means of taxing businesses fairly so that all paid.
From the chron.com
The state also does not collect a corporate income tax or franchise tax.
From the en.wikipedia.org
Cities are permitted by the Legislature to impose a utility franchise tax on its residents.
From the sltrib.com
Effective in Texas for 2007 the franchise tax is replaced with the Texas Business Margin Tax.
From the en.wikipedia.org
That could be replaced with a business activity tax somewhat similar to the current franchise tax.
From the charlotteobserver.com
