Tennessee Statutes

§ 48-101-807 — Limitation on tax liability - Annual filings

Tennessee·Title 48
Consistent with § 67-4-2007(d) for excise tax purposes and § 67-4-2106(c) for franchise tax purposes, a nonprofit LLC shall be disregarded as an entity separate from the nonprofit corporation that is the sole member of the nonprofit LLC for purposes of all state and local taxes. The nonprofit LLC shall file annual reports and other filings with the office of the secretary of state as required of all LLCs.

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Legislative History

Acts 2006, ch. 620, § 8.

Nearby Sections

15
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