In response the COVID-19 pandemic the Tennessee Department of Revenue has extended the due date for filing and paying franchise and excise tax from April 15, 2020 to July 15, 2020. Taxpayers will have until July 15, 2020, to file returns and make any payments (including quarterly estimated payments) originally due on April 15, 2020. Interest and late filing penalties will not be applied to returns filed and payments made on or before this extended due date. The October 15, 2020, six-month extension date for the calendar year 2019 return remains unchanged.
In addition filing and payment extensions were granted due to the March 2020 tornadoes and strong storms and the April 2020 tornadoes and severe storms in Bradley and Hamilton counties.
More information: Important Notice # 20-05 Franchise and Excise Tax Notice COVID-19 Tax Filing Extension, Important Notice # 20-04 Natural Disaster Tax Relief Notice, Important Notice # 20-13 Natural Disaster Tax Relief Notice.
Reference: Tenn. Code Ann. § 67-1-114.