Tennessee Works Act Eliminates Business Tax

Tennessee Works Act Eliminates Business Tax

WSMV 4

TDR said the Tennessee Works Act eliminated the annual business tax filing obligation for businesses with annual gross sales under $100,000 within a county and/or city. This change applies to tax periods ending on or after Dec. 31, 2023. Businesses not liable for tax must keep their business licenses current.

#BUSINESS #English #ET
Read more at WSMV 4