NASHVILLE--Tennessee Department of Financial Institutions Commissioner Greg Gonzales announced today that the maximum effective formula rate of interest in Tennessee is 8.45 percent per annum. The rate is based on a ceiling of 4 percent over the weekly average prime loan rate of 4.45 percent as published by the Federal Reserve on June 21, 2022.
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NASHVILLE - Join the Department of Revenue on June 28 at 9 am Central time for a free webinar to discuss sales tax issues for headquarters, data centers, and call centers.
The Special Investigations Section of the Tennessee Department of Revenue and the Metro Nashville Police Department conducted the investigation that led to the indictment and arrest of Mohammad Ghaleb Amer for tax evasion, theft, money laundering, and selling counterfeit merchandise. Revenue agents and officers from the Mt. Juliet Police Department arrested Amer, age 48, at his home. Bond was set at $50,000.
NASHVILLE, Tenn. – Extreme heat continues to impact the state and the Tennessee Department of Health is urging Tennesseans to follow important safety tips to avoid heat-related illnesses.
NASHVILLE, Tenn. – Upon further evaluation and testing of the Cordell Hull Bridge in Smith County, the Tennessee Department of Transportation (TDOT) has concluded what appeared to be a crack is simply corrosion of the steel. This minimal amount of deterioration is not a structural concern and will take minor repairs. The bridge has been deemed safe under its current weight limit of 28 tons.
A complete list of lane closure activity due to construction or maintenance operations on state-owned roads within the 21 west Tennessee counties of TDOT Region 4.
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A listing of lane closures and road construction activities for 24 East Tennessee counties.
NASHVILLE – Preliminary data from the Department of Labor and Workforce Development (TDLWD) indicated Tennessee’s unemployment rate for May 2022 increased slightly from April’s record-breaking number. The seasonally adjusted statewide rate for the month was 3.3%, 0.1 of a percentage point higher than the previous month’s revised figure.