franchise tax
A tax imposed on the privilege of carrying on a business (esp. as a corporation),
usu. measured by the business’s income. See FRANCHISE. [Cases: Taxation 117. C.J.S.
Taxation §§ 177–180, 199.] .
[Blacks Law 8th]
A tax imposed on the privilege of carrying on a business (esp. as a corporation),
usu. measured by the business’s income. See FRANCHISE. [Cases: Taxation 117. C.J.S.
Taxation §§ 177–180, 199.] .
[Blacks Law 8th]