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TENNESSEE DEPARTMENT OF REVENUE APPLICATION FOR EXTENSION OF TIME TO FILE FRANCHISE, EXCISE TAX RETURN FAE 173Taxable YearRVR0011401Account No. INTERNET (815) FEINBeginning: Due Attending:Make your.
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2021 tn 173 FAQ
FRANCHISE, EXCISE TAX RETURN. }
Seventeen different types of entities are exempt from the franchise and excise taxes. Industrial Development Corporations. Masonic lodges and similar lodges. Regulated Investment Companies owning 75% in United States, Tennessee, or local bonds. Federal and state credit unions. Venture Capital Funds.
There are some exemptions to filing franchise and excise tax. For example, certain limited liability companies, limited partnerships and limited liability partnerships whose activities are at least 66% farming or holding personal residences where one or more of its partners or members reside are exempt.
There are some exemptions to filing franchise and excise tax. For example, certain limited liability companies, limited partnerships and limited liability partnerships whose activities are at least 66% farming or holding personal residences where one or more of its partners or members reside are exempt.
Extension requests should be made as follows: If you are not required to make a payment, because you have already made sufficient payments on or before the original return due date, you do not need to file this form.
Overview. If you are a corporation, limited partnership, limited liability company, or business trust chartered, qualified, or registered in Tennessee or doing business in this state, then you must register for and pay franchise and excise taxes.
If you are a corporation, limited partnership, limited liability company, or business trust chartered, qualified, or registered in Tennessee or doing business in this state, then you must register for and pay franchise and excise taxes.
Penalties and interest apply to any deficient or delinquent payments. A penalty of 5% of the unpaid amount is added for each month (or part of the month) that a payment is delinquent or deficient, up to a maximum of 25%.
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