News & Analysis as of

Franchises Department of Revenue Franchise Taxes

Chambliss, Bahner & Stophel, P.C.

Important Update: Changes to Tennessee Franchise Tax and Refund Opportunities

Legal Update Recent legislation signed into law may impact the way your Tennessee franchise tax is calculated and potentially allow you to receive a refund. Refund claims must be filed by November 30, 2024, so action should...more

Baker Donelson

Spotlight on Tennessee: DOR Clarifies Franchise and Excise Tax Classification of SMLLCs and Series LLCs

Baker Donelson on

In November, the Tennessee Department of Revenue (Department) issued two notices to help clarify Franchise and Excise Tax classification of single member LLCs (SMLLCs) and series LLCs. ...more

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