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FRANCHISE TAX

Pronunciation (US):

• FRANCHISE TAX (noun)
The noun FRANCHISE TAX has 1 sense:

1. 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

Familiarity information: FRANCHISE TAX used as a noun is very rare.

• FRANCHISE TAX (noun)

Sense 1

franchise tax ^{[BACK TO TOP]}

Meaning:

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

Classified under:

Nouns denoting possession and transfer of possession

Hypernyms ("franchise tax" is a kind of...):

revenue enhancement; tax; taxation (charge against a citizen's person or property or activity for the support of government)

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