What is License Fee Or Tax?

Alternative Forms: License fee | License tax
Legal Definition
The price paid to governmental or municipal authority for a license to engage in and pursue a particular calling or occupation. See Home Ins. Co. v. Augusta, 50 Ga. 537 ; Levi v. Louisville, 97 Ky. 394, 30 ST W. 973, 28 L. It A. 480
-- Black's Law Dictionary