privilege tax

privilege tax
A tax upon the pursuit of an occupation or the conducting of a business. Bank of Commerce & Trust Co. v Senter, 149 Tenn 574, 577, 579, 260 SW 144. When a statute authorizes the levy and collection of taxes upon taxable property, and to license, tax and regulate certain businesses and "all other privileges" taxable by the state, the word "privileges" does not mean such things as are technically privileges, and cannot ever be enjoyed or exercised in England except through the prerogative of the crown or under act of parliament, or, in this country, by authority of law, but to denote other occupations and business of the kind mentioned. Jacksonville v Ledwith, 26 Fla 163, 7 So 885. See occupation tax.

Ballentine's law dictionary. . 1998.

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