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 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
Franchise tax is a tax charged by some US states to corporations with a nexus (aka a filing obligation) with those states. The common feature of a state's franchise tax is that it is not based on income. Rather, the typical franchise tax calculation centers around the "net worth" of the taxpayer.
A state in the southern US, on the border with Mexico, with a coastline on the Gulf of Mexico; pop. 20,851,820; capital, Austin; statehood, Dec. 29, 1845 (28). The area was part of Mexico until 1836, when it declared independence, became a republic, and began to work for admittance to the US as a state
the second largest state; located in southwestern United States on the Gulf of Mexico
James A. Michener's Texas (also called Texas) is a 1994 made for TV movie directed by Richard Lang and starring Stacy Keach, Benjamin Bratt, Rick Schroder, Patrick Duffy and many other actors.
Texas is the first full-length album by PlayRadioPlay!.
Limited Liabilities Company. A legal entity many investors formed to own commercial properties.
Limited liability company; Logical Link Control: one of the two functions of a NIC
standard interface allowing any combination of MAC techniques and physical media to be used simultaneously in the same workstations; shields higher layer protocols from the peculiarities of the physical medium
Liberty Tax local parade
Ready to rock with an armful of foam crowns for parade-watchers.