Davidson News

Davidson News

Tennessee House Reduces Franchise Tax Refund to $813.5M

Tennessee House Reduces Franchise Tax Refund to $813.5M

The Tennessee House of Representatives has made significant amendments to a bill aimed at repealing and refunding the state’s franchise tax, resulting in a reduced refund amount of $813.5 million. House Bill 1893, which introduces key changes to the refund process, mandates the disclosure of companies benefiting from the refund on the website of Tennessee’s … Read more