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Meaning of franchise tax in English

  1. Pronunciation

    US accent

    How to pronounce franchise tax in American English, in context ▾
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    UK accent

    How to pronounce franchise tax in British English, in context ▾
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  1. Noun

    franchise tax

    Definitions

    1. a tax that is imposed by states on corporations

    Examples

    • « it depends both on the net worth of the corporation and on its net income attributable to activities within the state »

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