Tennessee Super Job Tax Credit

Tennessee Super Job Tax Credit

Provides high value Tennessee tax relief per net job for very large investments or major headquarters relocations.

Eligibility · United States · US-TN

The Tennessee Super Job Tax Credit provides $5,000 per net new full-time job as a franchise and excise (F&E) tax credit, positioned as Tennessee's highest per-job incentive for large-scale corporate investments and major headquarters relocations. The credit has two distinct qualifying pathways. The first targets large capital investments: a business must invest $100 million or more in capital assets and create 100 or more net new full-time jobs paying at least 100% of the Tennessee state average wage. The second targets headquarters activity: a business must relocate or establish a regional, national, or international headquarters in Tennessee with a minimum investment of $10 million and the creation of at least 100 new headquarter-function jobs paying at least 150% of the state average wage.

Both thresholds are substantially higher than the Standard and Enhanced credits, reflecting the Super credit's targeting of transformative economic investments rather than routine expansions. The $5,000-per-job figure compares to $4,500 under the Standard credit and $4,500 additional under the Enhanced credit, making the Super credit potentially less valuable on a per-job basis than a combined Standard plus Enhanced stack in a Tier 4 county. The Super credit is administered by TN DOR and claimed on the annual F&E return; no separate pre-approval application process was identified in published source materials.

As with all Tennessee F&E-based credits, only entities subject to Tennessee franchise and excise tax are eligible. Nonprofits, pass-through entities, and businesses without Tennessee F&E nexus cannot benefit. The credit is sector-agnostic and applies to any qualifying industry that meets the capital and job thresholds.