Businesses Operating in Tennessee: Beware the Tennessee Franchise and Excise Taxes
If you are a corporation, limited partnership (LP), limited liability company (LLC), or business trust. . .chartered, qualified, or registered in Tennessee or doing business in this state, then you must register for and pay franchise and excise taxes. This sometimes comes as a surprise to people who incorporate or create their entities in another state (like Delaware, Nevada, or Wyoming) but then do business or own property inside that entity in the State of Tennessee.
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- Estate Planning
- Revocable Living Trust
- Asset Protection
- Business Law
- Tennessee Business Law
- Business Taxes
- Business Formation
- LLC
- Will
- Franchise and Excise Tax
- Beneficiary Deeds
- DIY Estate Planning
- Federal Estate Taxes
- Guardianship
- Transfer on Death Deed
- General Durable Power of Attorney
- Probate
- F&E Tax
- Revocable Trust
- Last Will and Testament
- IRS
- Federal Tax Exclusion
- PLLC
- irrevocable Trust
- LLC Formation