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Level 2
July 13, 2020
Question

Excise Tax in Tennesse

  • July 13, 2020
  • 1 reply
  • 5 views

Client has an LLC (Federal files as S-Corporation) in Tennessee and sold 100% depreciated (179 depreciation) equipment. Is the gain subject to Tennessee Excise Tax? Thanks for your help. 

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1 reply

George4Tacks
Level 15
July 13, 2020
Answers are easy. Questions are hard!
Level 2
July 13, 2020

Thanks. This helps. Looks I have some homework to do.