- Principal
- The initial amount of money on which interest, returns, or tax liabilities are calculated.
- Interest rate
- The percentage charged or earned per period on the principal, expressed as an annual rate unless stated otherwise.
- Compounding
- The process by which interest is added to the principal so that subsequent interest is earned on the combined amount.
- Present value
- The current worth of a future sum, discounted at a given rate to account for the time value of money.
- Franchise tax
- A key concept referenced by the Franchise Tax by State: Calculate state franchise tax for corporations and LLCs. Delaware authorized shares method vs assumed par value method. California $800 minimum. Texas 1% of taxable margin (or 0.5% for retail/wholesale). Ohio, Nevada, Wyoming: no franchise tax.
- State franchise tax
- A key concept referenced by the Franchise Tax by State: Calculate state franchise tax for corporations and LLCs. Delaware authorized shares method vs assumed par value method. California $800 minimum. Texas 1% of taxable margin (or 0.5% for retail/wholesale). Ohio, Nevada, Wyoming: no franchise tax.
- Delaware franchise tax
- A key concept referenced by the Franchise Tax by State: Calculate state franchise tax for corporations and LLCs. Delaware authorized shares method vs assumed par value method. California $800 minimum. Texas 1% of taxable margin (or 0.5% for retail/wholesale). Ohio, Nevada, Wyoming: no franchise tax.
- Texas franchise tax
- A key concept referenced by the Franchise Tax by State: Calculate state franchise tax for corporations and LLCs. Delaware authorized shares method vs assumed par value method. California $800 minimum. Texas 1% of taxable margin (or 0.5% for retail/wholesale). Ohio, Nevada, Wyoming: no franchise tax.
- Margin tax
- A key concept referenced by the Franchise Tax by State: Calculate state franchise tax for corporations and LLCs. Delaware authorized shares method vs assumed par value method. California $800 minimum. Texas 1% of taxable margin (or 0.5% for retail/wholesale). Ohio, Nevada, Wyoming: no franchise tax.