Tennessee Statutes
§ 67-6-223 — Property of proprietorship incorporated during tax period
Tennessee § 67-6-223
JurisdictionTennessee
Title67
This text of Tennessee § 67-6-223 (Property of proprietorship incorporated during tax period) is published on Counsel Stack Legal Research, covering Tennessee primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Tenn. Code Ann. § 67-6-223 (2026).
Text
No tax is due with respect to tangible personal property of a sole proprietorship that becomes the assets of a corporation resulting from the incorporation of such sole proprietorship. Any such transactions are not a taxable event and shall not be deemed to be a sale under this title.
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Related
In Re Christenberry
336 B.R. 353 (E.D. Tennessee, 2005)
Legislative History
Acts 1994, ch. 965, § 1.
Nearby Sections
15
§ 67-1-1001
Part definitions§ 67-1-1002
Grounds§ 67-1-1004
Ineffective against bona fide purchaser§ 67-1-1005
Duty to back assess or reassess - Citation§ 67-1-1006
Obtaining evidence§ 67-1-1008
Penalty and costs§ 67-1-1011
Records and reports§ 67-1-103
Study of tax laws - Report§ 67-1-104
Tax administration fundCite This Page — Counsel Stack
Bluebook (online)
Tennessee § 67-6-223, Counsel Stack Legal Research, https://law.counselstack.com/statute/tn/67-6-223.