privilege taxglossary / privilege tax A tax on the privilege of carrying on a business or occupation for which a license or franchise is required. [Cases: Licenses 1. C.J.S. Architects § 8; Licenses §§ 2–4.] 词条贡献者 译员圣强,国际仲裁与争端解决专业,专注翻译各种与跨境争议有关的法律文件。