Bass, Berry & Sims attorney Steve Jasper provided insight on the new pair of Tennessee bills introduced in early February 2015 that would change the apportionment formula for calculating franchise and excise taxes. Steve suggests that, if adopted, the change could lead to more disputes and litigation.
The article, “Tennessee Bills Would Change Apportionment Formula for Franchise and Excise Taxes” was published February 6 and is available to subscribers of Tax Analysts.
Bass, Berry & Sims attorney Steve Jasper provided insight on the new pair of Tennessee bills introduced in early February 2015 that would change the apportionment formula for calculating franchise and excise taxes. Steve suggests that, if adopted, the change could lead to more disputes and litigation.
The article, “Tennessee Bills Would Change Apportionment Formula for Franchise and Excise Taxes” was published February 6 and is available to subscribers of Tax Analysts.