World’s top businesses, Lee Company receive biggest Tennessee tax rebates

The Lee Company, owned by Gov. Bill Lee’s family. received Tennessee’s biggest business tax rebate. Lee’s office has consistently said his company interest is in a blind trust. (Photo: John Partipilo/Tennessee Lookout)

Some of the world’s largest companies and the governor’s family business received Tennessee’s biggest new business tax rebate, according to a listing released by the Department of Revenue.

Lee Company, a mechanical engineering and HVAC, plumbing and electrical services company owned by Gov. Bill Lee’s family, joined Amazon, FedEx, Nissan, Hankook Tire, 84 Lumber, AT&T and utilities such as Atmos Energy and Alabama Power in netting franchise and excise tax rebates of more than $10,000 each created by a 2024 state law. Memphis-based FedEx, with 13 subsidiaries, landed the maximum rebate for each one, and Japanese-owned Nissan filed for six subsidiaries that each received the rebate…

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