Taxes News
Tennessee's license tax revenue up 6.8% in Q2 compared to same quarter of the previous year
Tennessee collected $1.3 billion in license taxes during the second quarter of 2024, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.
Tennessee collected $1 million in individual income tax revenue in Q2
The second quarter of 2024 brought in $1 million in individual income tax revenue for Tennessee, after no individual income tax was collected in the first quarter, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.