Comments: TN HB1554 | 2015-2016 | 109th General Assembly
Bill Title: As enacted, specifies additional circumstances under which the commissioner of revenue may waive penalties for delinquent franchise and excise taxes; alters the formula for calculating quarterly estimated payments for franchise and excise taxes; reduces penalties for deficient or delinquent estimated franchise and excise tax payments from 5 percent to 2 percent per month; makes other related revisions. - Amends TCA Title 67.
Spectrum: Partisan Bill (Republican 4-0)
Status: (Passed) 2016-05-02 - Pub. Ch. 881 [HB1554 Detail]
Text: Latest bill text (Draft #2) [PDF]
Spectrum: Partisan Bill (Republican 4-0)
Status: (Passed) 2016-05-02 - Pub. Ch. 881 [HB1554 Detail]
Text: Latest bill text (Draft #2) [PDF]
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