The state also does not collect a corporate income tax or franchise tax.

Wisconsin believed that the presence of Wrigley in the state was enough to call for a franchise tax.

The common feature of a state's franchise tax is that it is not based on income.

Raising the basic corporate franchise tax from $11 to $17 a year placed little burden on Arkansas businesses.

But $14 million is little more than a franchise tax for a Luxembourg-based bank that has $20 billion in assets.

Sales and franchise taxes from businesses fund the city.

A state may levy, however, a franchise tax on the corporations incorporated in it.

Delaware's franchise taxes supply about one-fifth of its state revenue.

Companies must pay either the franchise tax, which has been reduced, or 4 1/2 percent of earnings, whichever is higher.

Annual Report and franchise tax due date is on or before March 1st.