SB2256 — Taxes - As enacted, establishes a method of apportionment that may be elected by financial asset management companies for franchise and excise tax purposes. - Amends TCA Title 67, Chapter 4, Part 20 and Title 67, Chapter 4, Part 21.

SB2256 — Taxes - As enacted, establishes a method of apportionment that may be elected by financial asset management companies for franchise and excise tax purposes. - Amends TCA Title 67, Chapter 4, Part 20 and Title 67, Chapter 4, Part 21. · Informed CitizenryThis bill amends the Tennessee Code to allow financial asset management companies to elect a specific method for apportioning net earnings and net worth for franchise and excise tax purposes. Under…Open in Informed Citizenry