Franchise & Excise Tax

• What are the franchise and excise tax filing requirements for an entity that has substantial nexus in the state but qualifies for protection under Public Law 86-272?
• May a taxpayer have substantial nexus in the state if it does not meet the bright–line presence standards?
• Is a physical presence required to establish nexus for franchise and excise taxes?
• What are the requirements for receiving an automatic F&E extension?
• How is the industrial machinery credit recapture calculated?
• Who must file a $100 minimum franchise tax return?
• What entity types file the franchise and excise tax return?
• For franchise tax purposes, is computer software considered tangible property includable on Schedule G?
• For franchise and excise tax purposes, should computer software be included in the property factor for apportionment purposes?
• How do I get an automatic F&E extension?
• Do Tennessee franchise and excise tax laws include a throwback provision for sourcing receipts to the state for apportionment purposes?
• For franchise and excise taxes, when must a consolidated net worth election form be filed?
• Do taxpayers have an option to delay claiming the standard job tax credit on their franchise and excise tax return?
• How Do I Make an Estimated Payment for Tennessee's Franchise and Excise Taxes?
• Is an adjustment needed to prevent the IRC Section 179 expense deduction from being deducted twice on the excise tax return?
• Why does my franchise and excise tax Notice of Overpayment not show my full credit balance available?
• How is owned property reported in the property factor of the apportionment ratio on a final return when a complete liquidation occurred in a single day?
• What is the due date for a franchise and excise tax return that covers less than 12 months?
• Is there a cap on deductible business interest expense for excise tax purposes?
• Are state and local tax incentives and grants included in net earnings for excise tax purposes?
• How are dividend and interest income sourced for purposes of the receipts factor of the apportionment ratio?
• Should the Consolidated Net Worth Election Registration Application include an insurance company if it is an affiliated group member?
• Are virtual currency transactions reported for franchise and excise tax?
• Is a single member limited liability company owned by an S corporation disregarded for franchise and excise tax purposes?
• Is a limited partnership that is disregarded for federal income tax purposes also disregarded for franchise and excise tax purposes?
• How do I determine the number of jobs that qualify for the standard job tax credit if jobs are created in multiple enhancement counties?
• Who may claim a credit against franchise and excise tax for purchases of qualified broadband internet access equipment?
• What is the first date equipment may qualify for the Broadband Internet Access Credit?
• Do I need to file a Form IE if the intangible expense deduction was granted on a previously filed Form IE-A?
• Is there more than one formula for apportioning franchise and excise tax?