Franchise & Excise Tax Rulings

Ruling Number   Title   Date Issued Date Issued   Date Posted  
17-08 Motor Carrier Apportionment Formula 2017-06 June, 2017 07/13/2017
17-07 SMLLC disregarded for federal income tax purposes to an entity described in IRC § 501(a) 2016-11 Apr., 2017 06/19/2017
17-06 Unitary Group of Financial Institutions that Include Exempt Entities 2016-11 Apr., 2017 05/03/2017
16-10 Conversion of Corporations to Single Member Limited Liability Companies Disregarded for Federal Income Tax Purposes 2016-11 Nov., 2016 12/07/2016
15-03 Foreign Entity Disregarded for Federal Income Tax Purposes 2015-09 Sept., 2015 10/21/2015
14-03 Affiliated Entities Making a Consolidated Net Worth Election 2014-06 June 2014 7/31/2014
14-01 An I.R.C. Sec. 338(h)(10) Election's Impact on the Computation of Net Earnings 2014-03 Mar. 2014 6/24/2014
02-05 Application of Excise Tax to Family-owned Non-corporate Entities 2002-03 Mar. 2002  
04-12 Apportionment--Drop Shipments 2004-04 Apr. 2004  
95-27 Apportionment--Goods Shipped Out-of-state Location 1995-07 July 1995  
06-18 Apportionment--Nexus in Foreign States 2006-05 May 2006  
95-05 Apportionment--Sales Factor 1995-02 Feb. 1995  
02-38 Apportionment--Sourcing of Royalty Income 2002-10 Oct. 2002  
98-33 Business Trust--Treated as Separate Entity From Certificate Holder 1998-07 July 1998  
02-09 C Corporation Merged Into LLC 2002-04 Apr. 2002  
06-25 C Corporation's NOLs and the 26 USC & 338(h)(10) Election 2006-07 July 2006  
99-13 Certificate of Authority--Not-for-profit 1999-04 Apr. 1999  
11-11 Commingled Trusts 2011-02 Feb. 2011 8/12/2011
95-21 Corporate Limited Partners--Doing Business in Tennessee 1995-06 June 1995  
95-42 Corporate Limited Partners--Doing Business in Tennessee 1995-12 Dec. 1995  
97-57 Corporate Limited Partners--Doing Business in Tennessee 1997-12 Dec. 1997  
97-58 Corporate Limited Partners--Doing Business in Tennessee 1997-12 Dec. 1997  
95-15 Corporate Partners--General, Limited and Apportionment Formula 1995-05 May 1995  
96-15 Corporate Partners--Reporting Requirements For Limited and General Partners 1996-04 Apr. 1996  
97-49 Corporate Partners and Partnerships--Doing Business in Tennessee and Filing Requirements 1997-12 Dec. 1997  
11-46 Corporate Reorganization 2011-09 Sep. 2011 10/11/2011
11-53 Corporate Reorganization 2011-09 Sep. 2011 11/1/2011
14-07 Definitions of "Captive REIT" and "Public REIT" 2014-08 Aug. 2014 10/6/2014
11-44 Discharge of Indebtedness in Bankruptcy 2011-09 Sep. 2011 10/7/2011
01-24 Distribution of Assets - IRC Section 338(h)(10) 2001-10 Oct. 2001  
94-01 Doing Business in Tennessee 1994-01 Jan. 1994  
02-22 Doing Business in Tennessee 2002-07 July 2002  
97-04 Doing Business in Tennessee--Corporate Officer Living in Tennessee 1997-02 Feb. 1997  
96-16 Doing Business in Tennessee--Customers in Tennessee 1996-04 Apr. 1996  
97-01 Employee Retirement Security Act (ERISA) 1997-01 Jan. 1997  
95-02 ERISA Pension Plan Subsidiary 1995-01 Jan. 1995  
10-01 ERISA and LLC Owned by SEP IRA 2010-01 Jan. 2010 5/5/2011
07-11 Exemptions for Providers of Low-income Housing 2007-04 Apr. 2007  
01-01 Family-owned Entity 2001-01 Jan. 2001  
08-07 Family-owned Non-corporate Entity Exemption--Limited Partnership Partly Owned Grantor Trust 2008-02 Feb. 2008  
06-34 Family-owned Non-corporate Entity Exemption and Provision of Services 2006-09 Sep. 2006  
13-22 Federally Disregarded Subsidiaries of REITs 2013-12 Dec. 2013 6/17/2014
97-19 Financial Institutions--Apportionment 1997-06 June 1997  
98-12 Financial Institutions--Apportionment 1998-03 Mar. 1998  
96-34 Financial Institutions--Apportionment Classification and Filing Requirements 1996-11 Nov. 1996  
96-36 Financial Institutions--Apportionment Classification and Filing Requirements 1996-12 Dec. 1996  
95-39 Financial Institutions--Classification, Returns Required and Apportionment 1995-11 Nov. 1995  
98-31 Financial Institutions--Classification, Second Tier Subsidiary 1998-07 July 1998  
98-43 Financial Institutions--Classification and Taxation of Limited Liability Companies 1998-10 Oct. 1998  
00-22 Financial Institutions--Doing Business in Tennessee 2000-07 July 2000  
06-27 Financial Institutions--Doing Business in Tennessee and Combined Returns 2006-07 July 2006  
02-16 Financial Institutions--NEXUS, Unitary Business, Sourcing of Receipts 2002-06 June 2002  
00-23 Financial Institutions--REIT--Classification and Filing Requirements For a Unitary Group 2000-07 July 2000  
97-59 Financial Institutions--Second Tier Subsidiaries 1997-12 Dec. 1997  
11-63 FONCE Exemption and Commodity Futures Contracts 2011-11 Nov. 2011 12/19/2011
11-43 FONCE Exemption and Custodial Account 2011-09 Sep. 2011 10/17/2011
99-32 Foreign Corporation-Treaty-free Trade Zone 1999-12 Dec. 1999  
95-06 Franchise Excise Tax Liability of Corporate General Partner in Limited Partnership 1995-01 Jan. 1995  
01-07 Free Trade Zone Sales-Excise Tax Liability 2001-05 May 2001  
11-26 General Partnership Treatment 2011-06 June, 2011 8/12/2011
14-06 Industrial Machinery Credit 2014-08 Aug. 2014 10/6/14
11-07 Industrial Machinery Credit/Qualified HQ Facility 2011-03 Mar. 2011 12/7/11
97-28 Industrial Machinery Excise Tax Credits--Transfer of Assets 1997-07 July 1997  
13-08 Interest Charge Domestic International Sales Corporations 2013-07 July 2013 8/15/2013
11-45 IRC Section 754 Election 2011-09 Sep. 2011 10/17/11
04-22 Job Tax Credit 2004-07 July 2004  
11-17 Job Tax Credit 2011-06 June, 2011 2/22/2012
13-23 Job Tax Credit 2013-12 Dec. 2013 10/6/2014
12-17 Job Tax Credit Carryforward 2012-10 Oct. 2012 11/19/2012
98-32 Jobs Tax Credit--Product Service Center 1998-07 July 1998  
11-08 Jobs Tax Credit/Qualified HQ Facility 2011-03 Mar. 2011 12/7/2011
04-29 Limited Liability Companies--Exemption Under Tenn. Code Ann. Section 67-4-2008(a)(8) 2004-09 Sep. 2004  
97-41 Limited Liability Companies--Check-the-box Provisions 1997-10 Oct. 1997  
98-47 Limited Liability Company and a Corporate Member 1998-12 Dec. 1998  
04-01 Limited Liability Company and Holding Subsidiary 2004-01 Jan. 2004  
97-63 Limited Liability Company--Taxability of an LLC A and a Corporate 1997-12 Dec. 1997  
00-11 Limited Partnership--Owning Stock In Tennessee Corporation 2000-04 Apr. 2000  
00-08 Limited Partnership--Investments Held Outside Tennessee 2000-03 Mar. 2000  
97-56 Liquidation--Accounting Period and Filing Requirements Following Sale of Assets 1997-12 Dec. 1997  
96-22 Liquidation--I.R.C.Section 337 Transaction 1996-06 June 1996  
02-25 LLCs--Exemption 2002-08 Aug. 2002  
96-14 Loss Carryovers From Barred Years 1996-04 Apr. 1996  
06-08 Minimum Measure - Deduction of Expenses From Annual Rent 2006-04 Apr. 2006  
11-03 Movie or Episodic Television Program Expense Credit 2011-01 Jan. 2011 7/15/2011
06-28 Net Earnings and Deduction of Expenses for Licensing Intangibles 2006-07 July 2006  
06-35 Net Earnings and Deduction of Expenses for Licensing Intangibles 2006-09 Sep. 2006  
12-32 Net Earnings or Loss "Intangible Expenses" - Trade Accounts Receivable 2012-12 Dec. 2012 1/8/2013
06-20 Net Operating Loss Carryovers After Conversion From Corporation TO LLC 2006-06 June 2006  
95-22 NEXUS For Tax Purposes--Doing Business in Tennessee 1995-06 June 1995  
97-15 NEXUS For Tax Purposes--Doing Business in Tennessee 1997-06 June 1997  
97-16 NEXUS For Tax Purposes--Doing Business in Tennessee 1997-06 June 1997  
99-09 NEXUS--Leasing Real Property 1999-03 Mar. 1999  
12-26 Non-profit Status of Subsidiary LLC 2012-11 Nov. 2012 1/8/2013
08-20 Obligated Member Entity Following Reorganization 2008-03 Mar. 2008  
12-27 Out-of-State Licensing of Patents to In-State Affiliated Entities 2012-11 Nov. 2012 1/8/2013
06-06 Pass-through Income (Loss) - Treatment When Already Reported/Taxed 2006-03 Mar. 2006  
02-28 Products Stored In Tennessee Warehouse 2002-08 Aug. 2002  
11-66 Public Law 86-272 2011-12 Dec. 2011 1/4/2012
07-09 Qualification as a Hospital Company 2007-03 Mar. 2007  
13-24 Qualified Headquarters Facility Credit 2013-12 Dec. 2013 10/6/2014
05-07 Qualified Subchapter S Subsidiary 2005-01 Jan. 2005  
07-02 Qualifying Investment Securities--Commodities Futures Contracts 2007-01 Jan. 2007  
98-46 Real Estate Investment Trusts--Classification, NEXUS and Taxation 1998-11 Nov. 1998  
98-02 Real Estate Investment Trusts--Separate Entity Classification of Subsidiaries and Doing Business in Tennessee 1998-01 Jan. 1998  
97-30 Retail Facility Built on State Line 1997-01 Jan. 1997  
01-06 Rent and Subrent Offsets 2001-05 May 2001  
14-15 S Corporation Net Earnings Computation with 338(h)(10) Election 2014-12 Dec. 2014 1/22/2015
11-55 Securization of Debt Obligations 2011-10 Oct. 2011 11/16/2011
11-42 Series LLC's 2011-09 Sep. 2011 11/1/2011
13-14 Sourcing of Sales of Tangible Personal Property for Apportionment Purposes 2013-10 Oct. 2013 2/6/2014
06-26 Survival of NOL In Merger Involving Disregarded Single Member LLC 2006-07 July 2006  
08-14 Tax Treatment of Business Trusts/Limited Liability Companies Wholly-owned By Business Trust Disregarded for Federal Income Tax Purposes 2008-02 Feb. 2008  
06-01 Tennessee Excise Tax Treatment of Income Recognized Under the Profit Split Method of IRC Section 936(h)(5)(C)(ii) 2006-01 Jan. 2006  
07-14 Use of NOLs Upon Dissolution, Merger, Conversion or Reorganization 2007-05 May 2007  
00-33 Venture Capital Fund Exemption 2000-09 Sep. 2000  
02-31 Venture Capital Fund Exemption 2002-09 Sep. 2002