What is another word for franchise tax?

Pronunciation: [fɹˈant͡ʃa͡ɪz tˈaks] (IPA)

Franchise tax is a term used to refer to a tax levied on businesses by the state government. It is also known as a tax on the privilege of doing business or a state business tax. In some states, the tax is based on a percentage of a company's net worth, while in others it is determined by the company's net income or the number of shares of stock issued. Synonyms for franchise tax include capital stock tax, corporation tax, corporate income tax, corporate franchise tax, and corporate privilege tax. Regardless of the name, franchise tax is an important source of revenue for state governments, and companies must pay it to maintain their legal status to do business in the state.

Synonyms for Franchise tax:

What are the hypernyms for Franchise tax?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

What are the hyponyms for Franchise tax?

Hyponyms are more specific words categorized under a broader term, known as a hypernym.

Related words: franchise tax law, franchise tax exemption, franchise tax rates, franchise tax relief, franchise tax issues

Related questions:

  • How much is franchise tax?
  • How to avoid franchise tax?
  • What is a franchise tax?
  • What is the franchise tax rate?
  • How to pay franchise tax?
  • How much franchise tax should be paid?
  • Word of the Day

    multitasker
    The word "multitasker" usually refers to someone who can perform different tasks simultaneously. However, there are several antonyms for this word, which describe the opposite type...