220.62 – Definitions.
220.62 Definitions.—For purposes of this part: (1) The term “bank” means a bank holding company registered under the Bank Holding Company Act of 1956 of the United States, 12 U.S.C. ss. 1841-1849, as amended, or a bank or trust company incorporated and doing business under the laws of the United States (including laws relating to the District […]
220.63 – Franchise tax imposed on banks and savings associations.
220.63 Franchise tax imposed on banks and savings associations.— (1) A franchise tax measured by net income is hereby imposed on every bank and savings association for each taxable year commencing on or after January 1, 1973. (2)(a) The tax imposed by this section shall be an amount equal to 51/2 percent of the franchise tax base of […]
220.64 – Other provisions applicable to franchise tax.
220.64 Other provisions applicable to franchise tax.—To the extent that they are not manifestly incompatible with the provisions of this part, parts I, III, IV, V, VI, VIII, IX, and X of this code and ss. 220.12, 220.13, 220.15, and 220.16 apply to the franchise tax imposed by this part. Under rules prescribed in s. 220.131, […]
220.65 – Discharge of tax liability.
220.65 Discharge of tax liability.—The tax imposed by this part shall be in lieu of, and no bank or savings association shall be subject to, the tax imposed under part II. History.—s. 8, ch. 72-278; s. 4, ch. 73-152.