Tennessee SB 1672: Taxes, Excise - As introduced, reverses Tennessee's decoupling from federal bonus depreciation for excise tax purposes; deletes requirement that bonus depreciation taken as a deduction on federal income tax return be added back to taxpayer's income in calculating net earnings for Tennessee excise tax purposes. - Amends TCA Section 67-4-2006.

Status: Taken off notice for cal in s/c Finance, Ways & Means Subcommittee of Finance, Ways & Means Committee (as of 2018-04-18)

State: Tennessee · Session: 110 · Bill: SB 1672

Subjects: Taxes, Excise

Sponsors: Gant, Green

View Tennessee SB 1672 on LegisTrack → — full text, sponsors, votes, campaign finance, and cross-state matches.