Tennessee's Unprecedented Approach in Attacking Affiliated Intangible Holding Companies

Brett R. Carter and Joseph W. Gibbs were published in the Journal of Multistate Taxation and Incentives, Volume 22, Number 4, July 2012, Department: SHOP TALK.

The authors alert readers to a new approach employed by Tennessee to go after businesses that take deductions for certain expenses paid to intangible holding companies (IHCs) and other affiliated entities.

This article appears in and is reproduced with the permission of the Journal of Multistate Taxation and Incentives, Vol. 22, No. 4, July 2012. Published by Warren, Gorham & Lamont, an imprint of Thomson Reuters.