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Tennessee requires LLCs to file an annual report and pay a franchise tax. The annual report is due on or before the first day of the fourth month following the close of the LLC's fiscal year. The filing fee is $50 per member, with a minimum fee of $300 and a maximum fee of $3000.
Tennessee's combined state and local general revenues were $62.0 billion in FY 2021, or $8,946 per capita. National per capita general revenues were $12,277. Tennessee does not levy an individual income tax on salaries and wages but does tax bond interest and stock dividends.
Description: Regulates financial institutions that operate in Tennessee including banks, credit unions, mortgage lenders, industrial loan and thrift, payday lenders, title lenders, flex loan providers, check cashers, trust companies, and more.
Annual reports are comprehensive documents designed to provide readers with information about a company's performance in the preceding year. The reports contain information, such as performance highlights, a letter from the CEO, financial information, and objectives and goals for future years.
?The Annual Comprehensive Financial Report consists of three sections: Introductory, Financial and Statistical.
The statement of comprehensive income reports the change in net equity of a business enterprise over a given period. The statement of retained earnings includes two key parts: net income, and other comprehensive income, which incorporates the items excluded from the income statement.
So what is an ACFR? What does it report? ACFR stands for Annual Comprehensive Financial Report . An ACFR is a set of financial statements for a state, municipality or other governmental entity that comply with the accounting requirements established by the Governmental Accounting Standards Board (GASB).
Every year, most governments within the United States publish a Comprehensive Annual Financial Report, generally referred to as a CAFR, fully detailing the financial status of that government.