State Tax

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Definitions
Franchise Tax
Franchise Tax State Tax Regressive Tax Corporate Tax Business Taxation State-Chartered Corporation
Franchise tax is a state tax, usually regressive, imposed on a state-chartered corporation for the right to do business under its corporate name.
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Definitions
Gift Tax
Gift Tax Donor Federal Tax State Tax Estate Tax Gift Exclusion Tax Exemption
The gift tax is a graduated excise tax levied on the donor of a gift by the federal government and most state governments, which comes into play when assets are transferred from one person to another.
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