Tennessee SB 1274: Taxes, Franchise - As introduced, allows professionals who own corporations, limited partnerships, and similar business entities to take their professional privilege tax payment as a credit against the business entity's franchise and excise tax liability. - Amends TCA Title 67, Chapter 4, Part 17; Title 67, Chapter 4, Part 20 and Title 67, Chapter 4, Part 21.

Status: Assigned to General Subcommittee of Senate Finance, Ways, and Means Committee (as of 2017-05-09)

State: Tennessee · Session: 110 · Bill: SB 1274

Subjects: Taxes, Franchise

Sponsors: Gant, Norris

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