The Program is available for sales and use tax, corporate franchise tax, commercial activities tax (CAT), and motor fuels taxes.
What does CFT stand for?
CFT stands for Corporate Franchise Tax
This definition appears somewhat frequently and is found in the following Acronym Finder categories:
- Military and Government
- Business, finance, etc.
See other definitions of CFT
We have 162 other meanings of CFT in our Acronym Attic
- Continuation Flying Training
- Continuous Fourier Transform (mathematics)
- Contract Field Team
- Contract Field Technician
- Contractor Flight Test
- Contractor-Furnished Technician
- Controlled Flight into Terrain
- Copious Free Time
- Core Flood Tank
- Corporate Finance Transformation
Samples in periodicals archive:
It was created in 2006, replacing the old corporate franchise tax, and it has produced less money than state lawmakers hoped.
Ohio enacted the CAT in 2005 "on each person with taxable gross receipts for the privilege of doing business in this state" as part of a major reform that included a reduction of personal income tax rates and gradual repeal of personal property taxes and a previous corporate franchise tax.
Currently, most companies pay a corporate franchise tax in Texas.
39 DEFRANCISCO Provides for a corporate franchise tax check-off and a personal income tax check-off for taxpayer gifts for diabetes research and education; establishes the diabetes research and education fund.
This year, educators and some lawmakers are considering an increase in the Corporate Franchise Tax to infuse dollars into the education budget.
Details of Proposition B Under the Missouri Fair Elections Initiative, or Proposition B, public funding for state campaigns will come from limiting a corporate franchise tax rollback recently granted to the state's largest for-profit corporations.
Among the benefits available for investments in the EDZs are a wage tax credit ranging from $750 to $1,500 a year for five years for newly created jobs; utility rate reductions; low interest loans; a refund of state and possibly local sales taxes on purchases of building materials; investment tax credits of eight percent to 10 percent through refunds to corporate franchise tax and personal income taxes, depending on the investment; and employment incentive credits for three years, after the year of the initial investment tax credit, if additional people are employed.