Texas Franchise Taxes

franchise taxes
(Franchise tax) A tax or fee usually levied annually upon a corporation, limited liability company or similar business entity for the right to exist or do business in a particular state.
(Franchise Tax) Is a tax on the privilege of carrying on business as a corporation or LLC in a state. The value of the franchise tax may be measured by amount of earnings, total value of capital or stock, or by amount of business done.
(franchise tax) a tax that is imposed by states on corporations; it depends both on the net worth of the corporation and on its net income attributable to activities within the state

texas
A state in the southern US, on the border with Mexico, with a coastline on the Gulf of Mexico; pop. 20,851,820; capital, Austin; statehood, Dec. 29, 1845 (28). The area was part of Mexico until 1836, when it declared independence, became a republic, and began to work for admittance to the US as a state
James A. Michener's Texas (also called Texas) is a 1994 made for TV movie directed by Richard Lang and starring Stacy Keach, Benjamin Bratt, Rick Schroder, Patrick Duffy and many other actors.
the second largest state; located in southwestern United States on the Gulf of Mexico
Texas is the first full-length album by PlayRadioPlay!.