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 资深译员Chris,毕业于一所培养高级翻译以及跨文化事务专家的精英大学,专注翻译各种与卫星及航天技术诉讼有关的法律文件。