State Codes and Statutes
Statutes > Tennessee > Title-67 > Chapter-4 > Part-20 > 67-4-201967-4-2019. Exemption for distributions to publicly traded real estate investment trust.
There shall be exempt from the payment of the excise tax levied under this part any person treated as a partnership for federal tax purposes that directly or indirectly distributes one hundred percent (100%) of its net earnings or net losses to a publicly traded real estate investment trust.
[Acts 2006, ch. 1019, § 12.]
