What is the meaning of franchise tax?

noun

  • 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. .
WordNet 3.0 © 2006 by Princeton University
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APAWordNet. (2010). franchise tax. Retrieved September 22, 2026, from http://smartdefine.org/franchise_tax/definitions/1242774
ChicagoWordNet. 2010. "franchise tax" http://smartdefine.org/franchise_tax/definitions/1242774 (accessed September 22, 2026).
HarvardWordNet 2010, franchise tax, Smart Define, viewed 22 September, 2026, <http://smartdefine.org/franchise_tax/definitions/1242774>.
MLAWordNet. "franchise tax" 23 October 2010. Web. 22 September 2026. <http://smartdefine.org/franchise_tax/definitions/1242774>
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