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Home / Services / Calculators / Newsletter / Archives Franchise Tax Currently, every corporation subject to the corporate franchise tax must pay a minimum tax of $50. This law change the minimum amount of $1,000 for corporations having $5 million or more in sales or has more than 300 employees worldwide. This applies to the tax year 2004 and later.
(July, 2003 Newsletter)
James E. Newland, CPA 939 Center Road Eastlake, Ohio 44095 440-951-9799 |
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