The Tennessee Department of Revenue issued several new notices explaining the implementation of recently signed legislation that enacts several significant tax law changes, including phasing in single sales factor apportionment and conforming with the federal bonus depreciation provisions under the 2017 federal Tax Cuts and Jobs Act for Tennessee franchise and excise tax purposes.
Source Deloitte
Latest Posts in "United States"
- Trump Threatens Tariffs on Countries Imposing Digital Taxes on American Tech Companies
- Indiana Rules Generative AI Chatbot Services Exempt from Sales Tax
- Louisiana Enacts Comprehensive Sales Tax Overhaul Impacting Digital Products and Expanding Exemptions
- Missouri Clarifies Sales Tax Obligations for Out-of-State Roofing Contractors in New Ruling
- Georgia DOR Issues E-Signature Guidance for Business Registrations and Tax Returns
