US EditionMTE contributes to local communities through significant tax payments
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MTE contributes to local communities through significant tax payments
MTE provides more than electricity to the communities it serves. As a not-for-profit electric cooperative, Middle Tennessee Electric (MTE) is exempt from certain types of taxes, but it is still one of the largest taxpayers to local governments through the ad valorem tax. This year, MTE paid more than $8.4 million total to local governments in its service area. The individual payments range from several thousand to millions of dollars, depending …
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