Tennessee Will Give $1.6B Franchise Tax Refund & Post The Names Of The Recipients

A Conference Committee On The Repeal And Rebate Of Tennessee’s Business Franchise Tax Agreed On A Full Three-Year Refund Of The Tax Worth $1.6 Billion And A Level Of Transparency On Who Will Receive Those Rebates.

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As Tennessee Legislators Continue To Debate $1.5B Franchise Tax Rebate, Records Indicate Most Money Will Go Out-Of-State

New Records Indicate That The $1.9 Franchise Tax Change Being Finalized During The General Session Was Initiated By Requests From 24 Businesses, And, If Approved, Most Of That Money Would Not Even Stay In Tennessee.

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