Tenn. Code § 67-4-2019
Current through Acts 2023-2024, ch. 1069
There shall be exempt from the payment of the excise tax levied under this part any person treated as a partnership for federal tax purposes that directly or indirectly distributes one hundred percent (100%) of its net earnings or net losses to a public REIT.
T.C.A. § 67-4-2019