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New tax law may impact county’s collections

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By Damon Lawrence

The new tax law may have had an impact on local property tax collections.

Roane County Executive Ron Woody said the county had received 52 percent of its collections through the end of December. The prior year that number was 43 percent.

“Part of that may be in reference to the president’s and Congress’ bill,” Woody said. “People may be doing some financial planning and paying some of their taxes a little early. That could be it.”

The new tax law – Tax Cuts and Jobs Act – was passed in December.


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Roane County | circulation@roanecounty.com | 865-376-3481
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