SB1255 — 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.

SB1255 — 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 urges the Tennessee Department of Revenue to study the apportionment formulas used by states contiguous to Tennessee for determining a taxpayer's franchise and excise tax liability. Speci…Open in Informed Citizenry