HB1372 — Taxes, Excise - As introduced, urges the department of revenue to study the apportionment formulas used in the states contiguous to Tennessee for determining a taxpayer's franchise and excise tax liability. - Amends TCA Title 67, Chapter 4, Part 20 and Title 67, Chapter 4, Part 21.

HB1372 — Taxes, Excise - As introduced, urges the department of revenue to study the apportionment formulas used in the states contiguous to Tennessee for determining a taxpayer's franchise and excise tax liability. - Amends TCA Title 67, Chapter 4, Part 20 and Title 67, Chapter 4, Part 21. · Informed CitizenryThis bill amends Tennessee Code Annotated, Title 67, Chapter 4, Part 20 and Title 67, Chapter 4, Part 21, regarding the apportionment formula for determining franchise and excise tax liability. It…Open in Informed Citizenry