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Glossary Definition

What is a Franchise Tax?

A franchise tax is a tax imposed by a state on a business entity for the privilege of doing business in that state. The tax calculation is typically based on the business’s capital or net worth.

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Corvee Blog

Read the latest tax planning thought leadership from Corvee.

Tax Planning Strategies

Our team of tax experts has scoured tax rules and regulations to create detailed tax strategies you can use to find savings for your clients.

Corvee Blog

Read the latest tax planning thought leadership from Corvee.

Tax Planning Strategies

Our team of tax experts has scoured tax rules and regulations to create detailed tax strategies you can use to find savings for your clients.

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