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FTA Files Lawsuit Challenging Constitutionality of Tennessee Cross-Border Payments Tax
June 11, 2026
WASHINGTON, June 11 -- The Financial Technology Association issued the following news release on June 10, 2026:

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FTA Files Lawsuit Challenging Constitutionality of Tennessee Cross-Border Payments Tax

The Financial Technology Association (FTA) today filed a declaratory judgment action in the Davidson County Chancery Court challenging the constitutionality of Tennessee House Bill 2502, a sweeping new tax on cross-border payments. The tax imposes signific . . .

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