§ 67-4-2019. Exemption for distributions to publicly traded real estate investment trust (public REIT).

TN Code § 67-4-2019 (2019) (N/A)
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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 public REIT.