Tennessee House Drops Franchise Tax Refund To $813.5M

A Bill To Repeal And Refund Tennessee’s Franchise Tax Has Two Significant Changes In The House.

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Tennessee Senate Approves Franchise Tax Repeal, $1.6B Refund

The Tennessee Senate Passed A Bill That Would End A Franchise Tax On Business Property In The State Along With Refunding As Much As $1.6 Billion To Businesses That Previously Paid The Tax.

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Tennessee Legislature Begins Discussion Of $1.2B Business Tax Refund, Repeal

An Estimated $1.2 Billion Franchise Tax Refund To Businesses Is Scheduled To Be Voted On For The First Time In The Tennessee Legislature Next Week After The Senate Finance Ways And Means Subcommittee Heard Details Of The Proposal.

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Tax Expert Says Tennessee Is Caving To Businesses On Tax Cut, $1B Refunds, Offers Another Option

As Tennessee Faces A Tighter Budget In 2024, Gov. Bill Lee’s Administration Plans To Move Forward With A Significant Tax Cut And Refund For Businesses, Selling It As A “Necessary Legislative Fix” To Avoid A Legal Challenge. But Not Everyone Agrees It’s Necessary.

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Collierville Resident Arrested On Tax Evasion And Theft

The Special Investigations Section Of The Tennessee Department Of Revenue Conducted The Investigation That Led To The Arrest Of Daniel Cottrell, Age 55, In Collierville, Tennessee Leading To Indictments Of One Felony Count Of Tax Evasion And One Count Of Theft Of Property.

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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.

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Smyrna Business Owner Arrested For Tax Evasion, Theft, And Money Laundering

The Special Investigations Section Of The Tennessee Department Of Revenue Conducted The Investigation That Led To The Indictment And Arrest Of Scharneitha Britton, Owner Of Kinfolks BBQ In Smyrna. Revenue Special Agents Arrested Britton, Age 66. Bond Was Set At $25,000.

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