SB1207 — Taxes, Franchise - As enacted, alters the formula for calculating quarterly estimated payments for franchise and excise taxes; makes other related revisions. - Amends TCA Section 67-4-2008 and Section 67-4-2015.

SB1207 — Taxes, Franchise - As enacted, alters the formula for calculating quarterly estimated payments for franchise and excise taxes; makes other related revisions. - Amends TCA Section 67-4-2008 and Section 67-4-2015. · Informed CitizenrySB1207 amends Tennessee Code Annotated Sections 67-4-2008 and 67-4-2015 regarding franchise and excise tax payments. The bill introduces a new option for taxpayers to calculate the excise tax compo…Open in Informed Citizenry