1-2f Taxes On Privileges And Rights Flashcards
0
Q
Franchise tax
A
Tax on doing business in a state or local jurisdiction
1
Q
Federal customs duties
A
Excise tax imposed to move goods across national borders.
2
Q
Occupational taxes
A
- liquor store license, taxicab permit, a fee to practice a profession
3
Q
Severance taxes
A
Extraction of natural resources
