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Tennessee Consolidated Net Worth Election Form

Tennessee Consolidated Net Worth Election Form

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thank you for viewing this presentation from the tennessee department of revenue on franchise and excise tax exemptions this exemption covers the tennessee investico entities that receive investment credits under the tennessee small business act qualifying entities must meet the qualifications outlined in tennessee code annotated section 67-4-2008 subsection 15. qualifying organizations that are qualified tennessee invesco organizations as defined in the tennessee code in section 428 102 will qualify for this exemption as long as they are receiving an allocation of investment tax credits under the tennessee small business investment company credit act and they continue to participate in the program established by that act for registration a tennessee invesco company must meet the requirements and register with the tennessee department of revenue for a franchise and excise tax account the exemption request must be supported with a written statement identifying the type of exemption and

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