Free Webinar October 27: F&E FONCE Exemption

NASHVILLE -- The Department of Revenue will host a free webinar on the franchise and excise tax Family-Owned Non-Corporate Entity (FONCE) exemption on Tuesday, October 27, at 9 a.m. Central Time.

During this webinar, Department of Revenue staff will discuss the basic requirements for qualifying, common eligibility considerations, and important filing information taxpayers should know.

The October 27 webinar is part of a free series the department offers to the public. Register for the webinar through the Department of Revenue website.

The Department of Revenue is responsible for administering state tax laws and motor vehicle title and registration laws, and for collecting the taxes and fees associated with those laws. The department collects about 87 percent of the total state revenue. During the 2025 fiscal year, it collected $21 billion in state taxes and fees and more than $5 billion in local taxes and fees. To learn more about the department, visit www.tn.gov/revenue .

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