(The Center Square) – More than 58,000 businesses received a new corporate franchise tax break, according to a list from the Tennessee Department of Revenue. The information released Saturday by the ...
State departments' funding requests increase by more than $1 billion; education department yet to request TISA, voucher funds ...
Tennessee's tax revenue in October surpassed expectations, with $1.6 billion collected, exceeding estimates by $48.7 million.
The state has refunded $938 million to almost 47,000 businesses based upon a change to the franchise tax law passed during the 113th General Assembly. The Tennessee Department of Revenue provided an ...
Tennessee’s October revenues were $48.7 million more than estimated and $115 million higher than October of last year, ...
Republican lawmakers continue to say the refunds were necessary to avoid a costly lawsuit, though no state agency has publicly disclosed a legal threat. The Department of Revenue has not yet shared ...
The department has not said the amount of funds that went to companies located primarily out-of-state. Refunds were approved after Republicans warned of inevitable lawsuits, though no state agency has ...