Tennessee Department of Revenue - State Taxes Forms & Other Informations
Tennessee Department of Revenue - State Taxes Forms & Other Informations
tennessee.gov
Tennessee Department of Revenue
Andrew Jackson Building
500 Deaderick St.
Nashville, TN 37242
USA
Phone: (866)562-2549
email: TN.Revenue@tn.gov
The Department of Revenue is responsible for the administration of state tax laws established by the legislature and the collection of taxes and fees associated with those laws. Following is an alphabetized list of state taxes administered by the department. Each tax type lists the definition of the tax, tax rates and due dates for returns. Local tax information can be found at this page also.
State Taxes:
* Alcoholic Beverage Taxes
* Automotive Rental Surcharge Tax
* Bail Bond Tax
* Beer Taxes
* Coin-operated Amusement Tax
More Information
o Local Taxes
o Informal Conference/Hearing Office
o Tax Delinquencies
* Franchise and Excise Tax
* Gift Tax
* Gross Receipts Taxes
* Individual Income Tax
* Inheritance Tax
* Liquor-by-the-drink Tax
* Mixing Bar Tax
* Motor Fuel Taxes
* Oil and Tire Taxes
* Professional Privilege Tax
* Sales and Use Tax
* Severance Taxes
* Television and Telecommunications Tax
* Tobacco Taxes
* Unauthorized Substances Tax
Taxes at a Glance
The individual income tax is imposed only on individuals and other entities receiving interest from bonds and notes and dividends from stock.
Enacted in 1929, this tax was originally called the Hall income tax for the senator who sponsored the legislation. The law can be found in Tennessee Code Annotated in Title 67, Chapter 2.
Exemptions:
Persons over 65 with total income less than $16,200 for a single filer or $27,000 for a joint filer are exempt.
Franchise and excise taxes are privilege taxes imposed on each corporation, limited partnership, limited liability company and business trust chartered/organized in Tennessee or doing business in this state.
An occupations tax is imposed on those persons with an active Tennessee license or registration to practice any of the following professions.
Accountant Lobbyist
Agent (Securities) Optometrist
Architect Osteopathic Physician
Attorney Pharmacist
Audiologist Physician
Broker-Dealer (Agents) Podiatrist
Chiropractor Psychologist
Dentist Real Estate Principal Broker
Engineer Speech Pathologist
Investment Advisor Sports Agent
Landscape Architect Veterinarian
Use Tax - The use tax is the counterpart to the sales tax. It is applied when merchandise (tangible personal property) is purchased from outside the state of Tennessee and imported into the state for use or consumption. The 45 states that impose a sales tax also levy a use tax
State Tax - The sales tax rate on food is 5.5%. All other tangible personal property, unless specifically exempted, is 7%.
Inheritance and estate taxes are imposed on decedents' estates that exceed the maximum single exemption. Inheritance tax is due on the net estate as defined in Tennessee Code Annotated. Estate tax is based on the difference between the inheritance tax and the “state death tax credit†allowed on the federal estate tax return.
Severance Taxes
Coal - There is a severance tax on all coal products severed from the ground in Tennessee. The tax is levied upon the entire production in the state regardless of the place of sale or the fact that delivery may be made outside the state.
Mineral - Any county legislative body, by resolution, is authorized to levy a tax on all sand, gravel, sandstone, chert and limestone severed from the ground within its jurisdiction.
Crude Oil - A tax is imposed on all gas and oil removed from the ground in Tennessee.
Natural Gas - A tax is imposed on all gas and oil removed from the ground in Tennessee.
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