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Franchise tax   /frˈæntʃˌaɪz tæks/   Listen
Franchise tax

noun
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 state.






WordNet 3.0 © 2010 Princeton University








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Words linked to "Franchise tax" :   tax, revenue enhancement, taxation



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