Do I have to file a franchise and excise tax return when my company did not have any activity during the year?

Yes, the minimum franchise tax of $100 is payable if you are chartered through the Secretary of State to do business in Tennessee, regardless of whether the company is active or inactive. The minimum tax is due even if your charter or qualification has been forfeited, revoked or suspended without being properly dissolved, surrendered, withdrawn or otherwise properly terminated.

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