Repeal On Tennessee Privilege Tax Gets Negative Recommendation
A Bill That Would End Tennessee’s Professional Privilege Tax Advanced Through Subcommittee With A Negative Recommendation On Tuesday.
Read more
Privilege Tax
Tennessee Reports $474M In Sports Wagers, $8.6M In Taxes For January
Tennessee Saw $467 Million In Gross Wagers And $8.6 Million In Privilege Tax Paid In January, Making It The Third Highest Amount Of Wagers The State Has Seen Since Betting Began In November 2020.
Read more
Tennessee Collected $9.1M On $495M In Bets For December ’23
Tennessee Saw $495 Million Worth Of Gross Sports Wagers In December While Collecting $9.1 Million In Privilege Tax.
Read more
Tennessee Bill Would Tax Sportbooks On Total Bets Placed, Not Revenue
A Tennessee Sports Wagering Bill Would Change The Way The State Computes Taxes On Sports Betting From Taxing The Amount Sportsbooks Make In Revenue To Taxing All Wagers Placed In The State.
Read more
Tennessee Has Collected $1.3B More In Taxes Than Estimated For Fiscal Year
Tennessee Has Now Collected $1.3 Billion More In Taxes And Fees Than Were Budgeted For The Fiscal Year, Which Just Completed Its Seventh Month.
Read more
Tennessee Sees $327M In February Sports Wagers
Tennessee Saw $327 Million In Sports Wagers In February And Received $6.4 Million In Privilege Tax During A Month Highlighted By The Super Bowl, One Of The Largest Sports Betting Events Of The Year.
Read more
Tennessee Earned $7.3M In Taxes On $410.8M In Sports Wagers In January
Tennessee’s Sportsbooks Collected $7.3 Million In Privilege Tax On $410.8 Million In Bets In January.
Read more
TN Governor Bill Lee Given ‘D’ Grade By Cato Institute For Spending, Taxing Policies
Tennessee Gov. Bill Lee Was Given A “D” By The Cato Institute In Its Annual Fiscal Report Card On America’s Governors. Lee’s Ranking Was Based On His Spending And Taxing Record, Including This Year’s Budget, Which Included $500 Million Toward A New Titans Stadium.
Read more
TN Methodically Moves Toward Total Elimination Of Professional Privilege Tax
Tennessee Lawmakers Eliminated Another Sector Of Privilege Tax This Year With The Removal Of Physicians And Osteopathic Physicians From The $400 Annual State Licensing Tax.
Read more
TN Starts New Fiscal Year $130M Above Expectations In Tax And Fee Collections
The Total Taxes Collected By Tennessee In The First Month Of The New Fiscal Year Continued Last Year’s Increasing Trend.
Read more