English Dictionary

FRANCHISE TAX

Pronunciation (US): Play  (GB): Play

IPA (US): 

 Dictionary entry overview: What does franchise tax mean? 

FRANCHISE TAX (noun)
  The noun FRANCHISE TAX has 1 sense:

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 stateplay

  Familiarity information: FRANCHISE TAX used as a noun is very rare.


 Dictionary entry details 


FRANCHISE TAX (noun)


Sense 1

Meaning:

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

Classified under:

Nouns denoting possession and transfer of possession

Hypernyms ("franchise tax" is a kind of...):

revenue enhancement; tax; taxation (charge against a citizen's person or property or activity for the support of government)


 Learn English with... Proverbs 
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