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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.
Texas franchise tax exemption doubles. As part of an omnibus property tax relief package the Legislature approved during its second special session over the summer, SB 3 will afford nearly 70,000 ...
The Texas Chain Saw Massacre [note 1] is a 1974 American independent horror film produced, co-composed, and directed by Tobe Hooper, who co-wrote it with Kim Henkel. The film stars Marilyn Burns, Paul A. Partain, Edwin Neal, Jim Siedow, and Gunnar Hansen. The plot follows a group of friends who fall victim to a family of cannibals while on ...
Texas is one of the seven states of the United States with no personal state income tax. In addition, Texas does not allow any lower level of government (counties, cities, etc.) to impose an income tax. This means that, for the residents of Texas, the maximum rate of income taxation is the top rate set by the federal government.
The Constitution of the State of Texas is the document that establishes the structure and function of the government of the U.S. state of Texas, and enumerates the basic rights of the citizens of Texas. The current document was adopted on February 15, 1876, and is the seventh constitution in Texas history (including the Mexican constitution).
The California Franchise Tax Board ( FTB) administers and collects state personal income tax and corporate franchise and income tax of California. It is part of the California Government Operations Agency . The board is composed of the California State Controller, the director of the California Department of Finance, and the chair of the ...
The Texas poll tax "required otherwise eligible voters to pay between $1.50 and $1.75 to register to vote – a lot of money at the time, and a big barrier to the working classes and poor". Georgia created a cumulative poll tax requirement in 1877: men of any race 21 to 60 years of age had to pay a sum of money for every year from the time they ...
Politics portal. v. t. e. The United States has separate federal, state, and local governments with taxes imposed at each of these levels. Taxes are levied on income, payroll, property, sales, capital gains, dividends, imports, estates and gifts, as well as various fees. In 2020, taxes collected by federal, state, and local governments amounted ...