What is the meaning of Franchise Tax?

Franchise Tax is a tax on the privilege of carrying on business in a state. It is typically measured by the earnings or amount of business done within the state.

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APABarry Goldsmith. (2010). franchise tax. Retrieved September 28, 2026, from http://smartdefine.org/franchise_tax/definitions/1154518
ChicagoBarry Goldsmith. 2010. "franchise tax" http://smartdefine.org/franchise_tax/definitions/1154518 (accessed September 28, 2026).
HarvardBarry Goldsmith 2010, franchise tax, Smart Define, viewed 28 September, 2026, <http://smartdefine.org/franchise_tax/definitions/1154518>.
MLABarry Goldsmith. "franchise tax" 21 October 2010. Web. 28 September 2026. <http://smartdefine.org/franchise_tax/definitions/1154518>
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