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Privilege tax information


A privilege tax is a tax levied in exchange for a privilege or license granted to the taxpayer. The fee for registering a motor vehicle is one example of a privilege tax.

Many taxes on businesses are characterized as privilege taxes. For example, Arizona's transaction privilege tax is a gross receipts tax on business. In the 1911 case of Flint v. Stone Tracy Co., the United States Supreme Court upheld the constitutionality of a corporate income tax, determining that it was an indirect tax on the privilege of doing business as a corporation.[1]

  1. ^ Oxford Companion to the US Supreme Court: Income Tax, accessed on answers.com, April 30, 2011

and 27 Related for: Privilege tax information

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Privilege tax

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example of a privilege tax. Many taxes on businesses are characterized as privilege taxes. For example, Arizona's transaction privilege tax is a gross receipts...

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Jock tax

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players' privilege taxes. The Tennessee privilege tax was repealed in April 2014; the lead sponsor of the repeal bill noted that because the tax was imposed...

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Sales taxes in the United States

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are tobacco taxes, real property taxes, amusement taxes, recreational facility taxes, and liquid fuel taxes. That Business Privilege Tax rate increased...

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Occupational privilege tax

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occupational privilege tax (OPT), while others only require one or the other to do so. As such, it is a type of payroll tax. The genesis of this tax is the...

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Transaction privilege tax

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Transaction privilege tax (TPT) refers to a gross receipts tax levied by the state of Arizona on certain persons for the privilege of conducting business...

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State income tax

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municipalities, including Denver and Aurora (flat-fee Occupational Privilege tax for privilege of working or conducting business; filed with municipality imposing...

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Limited liability company

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Tennessee, and Texas—levy a franchise tax or capital values tax on LLCs. In essence, this franchise or business privilege tax is the fee the LLC pays the state...

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Beard tax

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A beard tax is a governmental policy that requires men to pay for the privilege of wearing a beard. The most well documented beard tax was in place in...

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White privilege

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White privilege, or white skin privilege, is the societal privilege that benefits white people over non-white people in some societies, particularly if...

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Everglades Forever Act

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Everglades would first have to pass through for treatment. The Act created a tax on farmers in the Everglades Agricultural Area, which would be reduced if...

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Franchise tax

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franchise tax effectively charges corporations for the privilege of doing business in the state. Whether or not a business must pay a franchise tax to a state...

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TPT

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TPT may refer to: TPT (software), Time Partition Testing Transaction privilege tax, in Arizona, US Twin Cities Public Television, Minneapolis–St. Paul...

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Economy of Arizona

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taxes in five brackets: 2.59%, 2.88%, 3.36%, 4.24% and 4.54%. The state transaction privilege tax is 5.6%; however, county and municipal sales taxes generally...

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Tax

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impose wealth taxes, inheritance taxes, estate taxes, gift taxes, property taxes, sales taxes, use taxes, environmental taxes, payroll taxes, duties and/or...

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Georgism

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value tax can be considered a user fee instead of a tax, since it is related to the market value of socially created locational advantage, the privilege to...

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Dormant Commerce Clause

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tax imposed by the state of Virginia on American business concerns operating within the state was struck down because it was a business privilege tax...

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Executive privilege

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Executive privilege is the right of the president of the United States and other members of the executive branch to maintain confidential communications...

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Real estate transfer tax

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Real estate transfer tax is a tax that may be imposed by states, counties, or municipalities on the privilege of transferring real property within the...

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Taxation in California

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privilege of selling tangible personal property at retail. However, retailers are allowed (but not obligated) to obtain reimbursement for their tax liability...

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Social privilege

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Social privilege is an advantage or entitlement that benefits individuals belonging to certain groups, often to the detriment of others. Privileged groups...

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Denver

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raids. The City and County of Denver levies an occupational privilege tax (OPT or head tax) on employers and employees. If any employee performs work in...

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Tax protester

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income tax return violates the Fifth Amendment privilege against self-incrimination. Others are statutory arguments suggesting that the income tax is constitutional...

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Taxation in the United States

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Tax authorities may examine and adjust gift and estate tax returns. Many jurisdictions within the United States impose taxes or fees on the privilege...

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Hall income tax

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Justice Grafton Green, found that the Hall tax was a privilege tax, not a property tax. Therefore the Hall tax was not subject to a provision of the state...

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Town privileges

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Town privileges or borough rights were important features of European towns during most of the second millennium. The city law customary in Central Europe...

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Inheritance tax

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International tax law distinguishes between an estate tax and an inheritance tax. An inheritance tax is a tax paid by a person who inherits money or property...

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Legal professional privilege in England and Wales

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In England and Wales, the principle of legal professional privilege has long been recognised by the common law. It is seen as a fundamental principle...

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