tax, usually regressive, imposed by a state government on corporations chartered in that state.
A income tax California corporations pay.
(in California) An annual tax imposed on a corporation, limited partnership or an LLC for the privilege of doing business in a limited liability form within the state. It is typically measured by the earnings or amount of business done within the state. However California imposes a minimum annual franchise tax of $800 regardless of the amount of income (or loss) of the entity. To learn more about the California franchise tax, click here. General business corporation – see Corporation
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.
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
a fee paid for the privilege of doing business as a corporation in that particular state
a tax on the right or privilege of doing business in a state
A tax on the right of a corporation to do business under its corporate name.
a tax or fee usually charged annually for the right to exist or d business in that state.
A tax imposed by the State for the privilege of carrying on business as a corporation or LLC. The value of the franchise tax may be measured by amount of earnings, total value of capital or stock, or by amount of business done. - GAAP - Abbreviation for generally accepted accounting principles. Accounting principles that have been given formal recognition or authoritative support.
Is a tax on the privilege of carrying on business as a corporation or LLC in a state. The value of the franchise tax may be measured by amount of earnings, total value of capital or stock, or by amount of business done. In some states, like California, the franchise tax is simply an income tax.
A tax or fee usually levied annually upon a corporation, limited liability company, or similar business entity, for the right to exist or do business in a particular state or country. Failure to pay the franchise tax, or similar fees may result in the administration dissolution of the company, and forfeiture of the charter.
A tax levied by states on companies chartered under or doing business in the state. The amount can vary depending upon the authorized capital or earnings within the state.
Is a tax on the right and privilege of carrying on business in the corporate or LLC form in a state. The value of the franchise tax may be measured by amount of earnings, total value of capital or stock, or by amount of business done.(empty)
Revenue derived from a levy imposed for the privilege of doing business or using public right-of-way.
is a tax on the privilege of doing business as a corporation in a state. Businesses pay it whether or not they make a profit.
A tax levied in consideration for the privilege of either incorporating or qualifying to do business in a certain state. A franchise tax may be based upon income, assets, outstanding shares, or a combination.
Franchise tax is a tax charged by some US states to corporations formed in those states based on the number of shares they issue or, in some cases, the amount of their assets. The purpose of the tax is to raise revenue for the state. The State of Delaware has a significant franchise tax, while other states, such as Nevada, have none at all, or a smaller one.