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  2. Franchise tax - Wikipedia

    en.wikipedia.org/wiki/Franchise_tax

    Franchise tax. A franchise tax is a government levy (tax) charged by some US states to certain business organizations such as corporations and partnerships with a nexus in the state. A franchise tax is not based on income. Rather, the typical franchise tax calculation is based on the net worth of or capital held by the entity.

  3. The new year rings in new Texas laws. Here's a look at some ...

    www.aol.com/rings-texas-laws-heres-look...

    Under the new law, the state's franchise tax exemption will double, allowing up to $2.47 million of an entity's total taxable revenue to be exempted from franchise taxes.

  4. Corporate tax in the United States - Wikipedia

    en.wikipedia.org/wiki/Corporate_tax_in_the...

    Since January 1, 2018, the nominal federal corporate tax rate in the United States of America is a flat 21% following the passage of the Tax Cuts and Jobs Act of 2017. State and local taxes and rules vary by jurisdiction, though many are based on federal concepts and definitions. Taxable income may differ from book income both as to timing of ...

  5. Franchise Tax Board of California v. Hyatt - Wikipedia

    en.wikipedia.org/wiki/Franchise_Tax_Board_of...

    Hyatt (short: Franchise Tax Bd. of Cal. v. Hyatt or Hyatt III ), [1] 587 U.S. ___ (2019), was a United States Supreme Court case that determined that unless they consent, states have sovereign immunity from private suits filed against them in the courts of another state. The 5–4 decision overturned precedent set in a 1979 Supreme Court case ...

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    Absolutely! It's quick and easy to sign up for a free AOL account. With your AOL account you get features like AOL Mail, news, and weather for free!

  7. How freelancers can prepare for changing tax requirements - AOL

    www.aol.com/news/freelancers-prepare-changing...

    For the current tax year, freelancers and small business owners still only need to use 1099-K forms to report third-party app payments totaling $20,000, and any number of payments above 200. But ...

  8. Internet tax - Wikipedia

    en.wikipedia.org/wiki/Internet_tax

    Internet tax is a tax on Internet -based services. A number of jurisdictions have introduced an Internet tax and others are considering doing so mainly as a result of successful tax avoidance by multinational corporations that operate within the digital economy. [1] Internet taxes prominently target companies including Facebook, Google, Amazon ...

  9. Tennessee House passes version of massive franchise tax ... - AOL

    www.aol.com/tennessee-house-passes-version...

    April 9, 2024 at 10:50 AM. The Tennessee General Assembly is at odds over a massive franchise tax refund after the House and Senate passed vastly different versions of a bill backed by Gov. Bill ...

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