Tennessee Tax Collections For Fiscal Year $2.3B More Than Budgeted
Tennessee Has Collected $2.3 Billion More Than Budgeted In Taxes And Fees Through The First 11 Months Of The Fiscal Year.
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Tax Revenue
Tennessee Has Collected $2B More In Taxes, Fees Than Estimated For Fiscal Year
Tennessee Has Now Collected $2 Billion More Than Budgeted In Taxes And Fees For The First 10 Months Of The Fiscal Year.
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Tennessee Collected $1.7M In Sports Gambling Taxes In May
Tennessee Collected $7.1 Million In Privilege Taxes On Mobile Sports Betting In May, Which Is Nearly $2 Million More Than The State Would Have Collected Under A New Tax Structure Set To Begin On July 1.
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Tennessee Collects $3B In Taxes, Fees In April
Tennessee Collected $3 Billion In Taxes And Fees In April, Exceeding The Budgeted Monthly Estimate By $429 Million.
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Lee Signs Bill To Charge Tennessee Sportsbooks 1.85% On Gross Wagers
Tennessee Gov. Bill Lee Signed A Bill That Will Make Tennessee The First State To Tax Sportsbooks Based On The Total Gross Wagers Accepted In The State.
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Tennessee Collects $6.4M In Sports Wagering Taxes In April
Tennessee Collected $6.4 Million In Taxes On $318.4 Million In Gross Sports Gambling Wagers In The State During April.
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Analysis: How Nashville And Its Suburbs Subsidize Tennessee’s State Government
The Vast Majority Of Tennessee Counties Rely On Nashville-Davidson And Williamson Counties To Provide The Tax Dollars To Keep Funding State Operations In Their Counties, An Analysis Found.
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Tennessee Collected $8.8M In Taxes On $392.7M In Sports Wagers In March
Tennessee Collected $8.8 Million In Taxes On Sports Wagering In March On $392.7 Million In Wagers. The Tax Collections Were The Third Highest Since Online Sports Wagering Began In Tennessee In November 2020 And Coincided With The NCAA Basketball Tournament.
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Tennessee Has Collected $1.5B More In Taxes Than Estimated For Fiscal Year
Tennessee Has Now Collected $1.5 Billion Than It Budgeted In Taxes And Fees Through The First Nine Months Of The Fiscal Year.
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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.
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