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BEGIN:VEVENT
DTSTART:20240613T150000Z
DTEND:20240613T160000Z
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SUMMARY:Tennessee Franchise Tax Changes and Refund Process - Logan Hess\, TN Dept of Revenue and Logan McCoy\, Greater Jackson Chamber
DESCRIPTION:On Friday May 10\, Tennessee Governor Bill Lee signed into law one of the biggest business tax cuts in the history of the state. On the last day of the year's legislative session\, the General Assembly passed legislation removing the real and tangible property alternative minimum measure of the state's franchise tax and providing refunds for businesses who paid franchise taxes using the alternative measure during the last three years.\n\n\n\nThe legislation is expected to result in $400 million of recurring tax savings for businesses annually and provide up to $1.5 billion in refunds this year.\n\n\n\nLogan Hess\, Director of Legislation for the Tennessee Department of Revenue\, will dive deeper into the topic and provide valuable information to business leaders.\n\n\n\nThis will be held on Thursday\, June 13 at 10 AM CST at the Microsoft Teams link below. \n\n \n\nA link to the bill and public chapter: https://publications.tnsosfiles.com/acts/113/pub/pc0950.pdf.
X-ALT-DESC;FMTTYPE=text/html:<span style="font-size:14px\;"><span style="font-family:arial\;"><span style="background-image:initial\;background-position:initial\;background-size:initial\;background-repeat:initial\;background-attachment:initial\;background-origin:initial\;background-clip:initial\;"><span style="color:black\;">On Friday May 10\, </span></span>Tennessee <span style="background-image:initial\;background-position:initial\;background-size:initial\;background-repeat:initial\;background-attachment:initial\;background-origin:initial\;background-clip:initial\;"><span style="color:black\;"><strong>Governor Bill Lee</strong> signed into law one of the <u>biggest</u> business tax cuts in the history of the state. On the last day of the year&rsquo\;s legislative session\, the General Assembly passed legislation&nbsp\;removing the real and tangible property alternative minimum measure of the state&rsquo\;s franchise tax and providing refunds for businesses who paid franchise taxes using the alternative measure during the last three years.</span></span><br />\n<br />\n<span style="background-image:initial\;background-position:initial\;background-size:initial\;background-repeat:initial\;background-attachment:initial\;background-origin:initial\;background-clip:initial\;"><span style="color:black\;">The legislation is expected to result in <strong>$400 million</strong> of recurring tax savings for businesses annually and provide up to <strong>$1.5 billion</strong> in refunds this year.<br />\n<br />\n<strong>Logan Hess</strong>\, Director of Legislation for the Tennessee Department of Revenue\, will dive deeper into the topic and provide valuable information to business leaders.<br />\n<br />\nThis will be held on Thursday\, June 13 at 10 AM CST at the Microsoft Teams link below. </span></span><br />\n&nbsp\;<br />\n<span style="background-image:initial\;background-position:initial\;background-size:initial\;background-repeat:initial\;background-attachment:initial\;background-origin:initial\;background-clip:initial\;"><span style="color:black\;">A link to the bill and public chapter: <a href="https://publications.tnsosfiles.com/acts/113/pub/pc0950.pdf">https://publications.tnsosfiles.com/acts/113/pub/pc0950.pdf</a>.&nbsp\;</span></span></span></span>
LOCATION:________________________________________________________________________________ Microsoft Teams Need help? Join the meeting now Meeting ID: 293 459 040 834 Passcode: mH3MzW For organizers: Meeting options ________________________________________________________________________________
UID:e.2827.7108
SEQUENCE:3
DTSTAMP:20260525T012542Z
URL:https://member.jacksontn.com/events/details/tennessee-franchise-tax-changes-and-refund-process-logan-hess-tn-dept-of-revenue-and-logan-mccoy-greater-jackson-chamber-7108
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