Taxes
Tennessee Ranks No.6 In Country For Freedom
Never Worse Than Seventh Or Better Than Third, Tennessee Retained Its Traditional Top 10 Spot In This Month’s Release Of The Freedom In The 50 States.
Read more
Tennessee Tourism Asks For $9M Budget Increase For Worldwide Marketing
Tennessee’s Department Of Tourist Development Wants $9 Million More To Market The State In 26 Areas Outside Of The State Along With Working On Pursuing Direct Flights To Canada, Germany And France.
Read more
Sports Wagering Taxes Expected To Rise After One-Year Drop
Tennessee’s Sports Wagering Council Is Expecting This Fiscal Year To Show A One-Year Dip In Sports Wagering Taxes Collected Before Seeing That Total Rise Again Next Fiscal Year.
Read more
Tennessee’s Budget Sees Impact Of Tax Cuts And No New Untapped Revenue Sources
Two Things Have Driven Tennessee’s Massive Rise In State Revenues Over The Past Five Years: The Ability To Collect Taxes On Internet Sales And An Enormous Growth In Franchise And Excise Tax Collections. But As The Online Sales Tax Money Becomes A Normal Part Of The State Budget And Lawmakers’ 2023 Franchise And Excise Tax Cuts Go Into Effect, The Days Of Significant Revenue Growth Are Likely In The Rearview Mirror.
Read more
More Wagers, Less Taxes Collected In August For Tennessee Sports Wagers
Tennessee Saw More Wagers And Less Taxes Paid On Those Wagers In The Second Month Of Its New System For Taxing The State’s Sportsbooks.
Read more
Tennessee Tax Collections Beat Budget By $2.5B, Fall Short Of Revised Estimates
Tennessee Finished The Fiscal Year Collecting More Than $22 Billion In Taxes And Fees, Which Was $2.5 Billion Ahead Of The State’s Original Budgeted Estimate For The Year.
Read more
What Happens When A Cash-Poor Billionaire Wants A New Sports Stadium? Lobbying.
The Tennessee Titans Turned A Couple Million In Political Spending Into Over A Billion Dollars From Taxpayers.
Read more
Springfield Businessman Owes $256K In Sales Tax Fraud Plea Deal
A Springfield Furniture Salesman Will Need To Pay $255,601 In Restitution To The State Of Tennessee As Part Of A Plea Deal After Pleading Guilty To A Charge Of Theft Regarding Falsified Sales Tax Records.
Read more