Corporation Franchise Tax Lien: State governments generally levy a corporation franchise tax on corporations as a condition of allowing them to do business in the state. Such a tax is a general statutory involuntary lien on all real and personal property owned by the corporation.

 

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Corporation Franchise Tax Lien: State governments generally levy a corporation franchise tax on corporations as a condition of allowing them to do business in the state. Such a tax is a general statutory involuntary lien o . . . View Full Definition

Syntax: Grammar defining a programming language

Surtax: Related: Asset management

Syntaxic Mode: The mode of perception that forms whole, logical, coherent pictures of reality that can be validated by others.

Tax: A government fee on business and individual income, activities, or products.

Tax Anticipation Notes (Tans): Special bills that the Treasury occasionally issues that mature on corporate quarterly income tax dates and can be used at face value by corporations to pay their tax liabilities.

Tax Anticipation Bills (Tabs): An account at a private bank, held in the name of the district Federal Reserve Bank, which holds operating cash for the business of the U.S. Treasury.

Tax And Loan Account: A tax on imports or exports.

Statutory Lien: A lien imposed on property by statute—a tax lien, for example—in contrast to an equitable lien, which arises out of common law.

Split-Rate Tax System: An option on an option. The buyer generally executes the split fee with first an initial fee, with a window period at the end of which (upon payment of a second fee) the original terms of th . . . View Full Definition