Search results with tag "Franchise and excise taxes"

Franchise and Excise Guide - Tennessee

Franchise and Excise Taxes The Franchise and Excise Taxes The excise tax is a tax imposed on the privilege of doing business in Tennessee. General partnerships and sole proprietorships are not subject to the tax. The tax is based on net earnings or income for the tax year. [Tenn. Code Ann. § 67-4-2007] The franchise tax is also levied upon the

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