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TN

Tennessee Job Tax Credit

Franchise and excise tax credit for qualifying Tennessee job creation.

About this program

The Tennessee Job Tax Credit provides franchise and excise tax credits to qualifying businesses that create a required number of new jobs and make qualifying investments in Tennessee.

Eligibility

Businesses creating qualifying new full-time jobs and making eligible capital investment in Kingsport or elsewhere in Tennessee.

Requirements

  • Meet minimum job creation and investment thresholds
  • File required Tennessee tax credit schedules and maintain records
  • Comply with job maintenance and carryforward rules