Tennessee SB1842 amends tax provisions for professionals licensed in multiple professions, setting a maximum annual tax.
Tennessee SB1842 modifies the taxation rules for individuals licensed or registered in multiple professions. It sets a maximum annual tax of $400 for those licensed or registered in two or more professions and $200 for those licensed in a specific profession and one or more others. The tax is due annually by June 1, with late payments considered delinquent. The changes apply to taxes due after May 31, 2027.
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- Legal Framework
- Critical Issues
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