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]
^Oxford Companion to the US Supreme Court: Income Tax, accessed on answers.com, April 30, 2011
example of a privilegetax. Many taxes on businesses are characterized as privilegetaxes. For example, Arizona's transaction privilegetax is a gross receipts...
players' privilegetaxes. The Tennessee privilegetax was repealed in April 2014; the lead sponsor of the repeal bill noted that because the tax was imposed...
are tobacco taxes, real property taxes, amusement taxes, recreational facility taxes, and liquid fuel taxes. That Business PrivilegeTax rate increased...
occupational privilegetax (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...
Transaction privilegetax (TPT) refers to a gross receipts tax levied by the state of Arizona on certain persons for the privilege of conducting business...
municipalities, including Denver and Aurora (flat-fee Occupational Privilegetax for privilege of working or conducting business; filed with municipality imposing...
Tennessee, and Texas—levy a franchise tax or capital values tax on LLCs. In essence, this franchise or business privilegetax is the fee the LLC pays the state...
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...
White privilege, or white skin privilege, is the societal privilege that benefits white people over non-white people in some societies, particularly if...
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...
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...
TPT may refer to: TPT (software), Time Partition Testing Transaction privilegetax, in Arizona, US Twin Cities Public Television, Minneapolis–St. Paul...
taxes in five brackets: 2.59%, 2.88%, 3.36%, 4.24% and 4.54%. The state transaction privilegetax is 5.6%; however, county and municipal sales taxes generally...
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...
tax imposed by the state of Virginia on American business concerns operating within the state was struck down because it was a business privilegetax...
Executive privilege is the right of the president of the United States and other members of the executive branch to maintain confidential communications...
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...
privilege of selling tangible personal property at retail. However, retailers are allowed (but not obligated) to obtain reimbursement for their tax liability...
Social privilege is an advantage or entitlement that benefits individuals belonging to certain groups, often to the detriment of others. Privileged groups...
raids. The City and County of Denver levies an occupational privilegetax (OPT or head tax) on employers and employees. If any employee performs work in...
income tax return violates the Fifth Amendment privilege against self-incrimination. Others are statutory arguments suggesting that the income tax is constitutional...
Tax authorities may examine and adjust gift and estate tax returns. Many jurisdictions within the United States impose taxes or fees on the privilege...
Justice Grafton Green, found that the Hall tax was a privilegetax, not a property tax. Therefore the Hall tax was not subject to a provision of the state...
Town privileges or borough rights were important features of European towns during most of the second millennium. The city law customary in Central Europe...
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...
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...