Tennessee Franchise and Excise Tax
GPTKB entity
Statements (23)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
state tax
|
| gptkbp:administeredBy |
gptkb:Tennessee_Department_of_Revenue
|
| gptkbp:appliesTo |
corporations
limited liability companies limited partnerships business trusts foreign entities doing business in Tennessee |
| gptkbp:date |
15th day of the fourth month after fiscal year end
|
| gptkbp:establishedBy |
Tennessee Code Annotated Title 67, Chapter 4
|
| gptkbp:exciseTaxBase |
net earnings
|
| gptkbp:exciseTaxRate |
6.5%
|
| gptkbp:excludes |
certain nonprofit organizations
sole proprietorships general partnerships |
| gptkbp:franchiseTaxBase |
greater of net worth or real and tangible property in Tennessee
|
| gptkbp:franchiseTaxRate |
0.25%
|
| https://www.w3.org/2000/01/rdf-schema#label |
Tennessee Franchise and Excise Tax
|
| gptkbp:location |
gptkb:Tennessee
|
| gptkbp:purpose |
raise revenue for the state of Tennessee
|
| gptkbp:requiredFiling |
Form FAE170
|
| gptkbp:website |
https://www.tn.gov/revenue/taxes/franchise---excise-tax.html
|
| gptkbp:bfsParent |
gptkb:Tennessee_Department_of_Revenue
|
| gptkbp:bfsLayer |
7
|