Tenn. Code § 67-4-2104
Current through Acts 2023-2024, ch. 963
Doing business in Tennessee by any person or taxpayer, and/or exercising the corporate franchise, are declared to be taxable privileges. The tax is an accrued tax and is imposed for the exercise of the specified privilege during the period that coincides with the tax year covered by the return required.
T.C.A. § 67-4-2104