The Tennessee Department of Revenue has issued guidance on whether the state’s marketplace nexus legislation, which became effective October 1, 2020, affects a taxpayer’s nexus for business tax or franchise and excise tax. Per the guidance on the DOR’s website, the marketplace nexus legislation does not affect the nexus requirements for business tax or franchise and excise tax. The marketplace nexus provisions are applicable solely for purposes of sales and use tax. (Tennessee Department of Revenue website, December 1, 2020)