Comments: TN SB0324 | 2015-2016 | 109th General Assembly

Bill Title: As introduced, increases weight given to the sales factor under the statutory apportionment formula used to calculate net worth for franchise taxes and net earnings for excise taxes; revises other related provisions. - Amends TCA Title 67, Chapter 4, Part 20 and Title 67, Chapter 4, Part 21.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2015-03-31 - Assigned to General Subcommittee of Senate FW&M Revenue Subcommittee [SB0324 Detail]

Text: Latest bill text (Draft #1) [PDF]

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