New Tennessee Program Seeks to Create Jobs in Entertainment Industry

A new franchise and excise tax credit program in Tennessee is aiming to help create jobs and economic development throughout the state’s entertainment industry.

According to a release from the Tennessee Department of Economic and Community Development (TNECD), the initiative will allow certain companies to apply for a tax credit based on “resident and non-resident Tennessee payroll expenses” and “apply for a point of purchase sales tax exemption.”

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