Tenn. Code Ann. § 65-25-132: Joint ventures subject to excise and franchise taxes

Each joint venture created pursuant to § 65-25-105 or § 65-25-131 in which one (1) or more of the owners of the joint venture is an entity subject to the taxes imposed by title 67, chapter 4, parts 20 and 21 shall itself be subject to and shall pay the taxes required by title 67, chapter 4, parts 20 and 21, or any tax imposed in place thereof.