Legal definition of franchise tax
Corporate Finance & Taxation Legal Terminology

franchise tax

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.
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Peter B RosenwaldAttorney at LawPRACTICE AREA: Real Estate Law, Business Law, Industrial Development Law
Brian J KaneAttorney at LawPRACTICE AREA: Real Estate Law, Tax Law, Wills & Probate, Business Law, Trusts & Estate Planning, Industrial Development Law
Burke D RobinsonAttorney at LawPRACTICE AREA: Real Estate Law, Insurance Litigation, Industrial Development Law
Seattle TimesTapping a 401(k) or an individual retirement account may solve an immediate financial problem, but it can create another one at tax time, when you'll pay substantial penalties and income taxes. Plus, the withdrawn money loses all the future tax ... more »
Mondaq News Alerts (registration)Under the laws of the Cayman Islands, foreign lenders will not be deemed to be resident, domiciled or carrying on any commercial activity in the Cayman Islands or subject to any tax in the Cayman Islands by reason only of the extension of credit to a ... more »
The IntelligencerThe finance committee of the Souderton Area School Board is recommending a 2017-18 budget that increases taxes by 0.5 percent, or $21.60, for the average district homeowner. The property tax boost is well below the 2.5 percent allowed under Act 1, the ... more »
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