Tennessee Tax Rates

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Tax Rates for the state of Tennessee

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Tennessee Taxes and Rates Tax Tax Rates Alcoholic Beverage Tax Distilled Spirits - $4.40 per gallon Wine - $1.21 per gallon Alcoholic Beverage Enforcement $0.15 per case of alcoholic beverage 3% of gross proceeds Filing Frequency Due Date Link Alcoholic Beverage Taxes Monthly 15th day of the following month 15th day of the following month after quarter 25th day of the following month after quarter 20th day of the following month 20th day of the following month Varies by business classification July 1st $10 tax due before machine is put in service and annually thereafter 15th day of the 4th month following the close of books and records April 15th of following year Alcohol Taxes Automobile Rental Surcharge Tax Quarterly Auto Rental Surcharge Bail Bond Tax $12 per bail bond Quarterly Bail Bond Tax Beer Barrelage Tax Beer Wholesale Tax Business Tax $4.29 per 31 - gallon barrel Monthly Beer Barrelage 17% of the wholesale selling price Business owners should contact their county clerk for tax rates and payment information Level one license - $500 (50 machines or less) Level two license - $1,000 (51 - 100 machines) Level three license - $2,000 (more than 200 machines) Individual machine license - $10 Franchise tax - .25% of the greater of net worth or real and tangible property (minimum $100) Excise tax - 6.5% of Tennessee taxable income Monthly Beer Wholesale Annual Business Tax Coin-Operated Amunsement Tax Annual Coin-Op Franchise & Excise Tax Annual Franchise and Excise Tax Gift Tax Graduated rates from 5.5% to 16% Annual Gift Tax Gross Receipts Tax: Bottlers 1.9% of gross receipts 3% of the gross receipts from intrastate business Persons in the business of manufacturing gas, distributing manufactured gas or natural gas pay an amount of 1.5% of the gross receipts. Tax on gross receipts from machines product sales - 1.5% for non-tobacco sales; 2.5% for tobacco sales 6% of Tennessee taxable income Annual August 1st each year Gross Receipts: Bottlers Gross Receipts Tax: Utilities Annual August 1st each year Gross Receipts: Utilities Gross Receipts Tax: Vending Quarterly Individual Income Tax Annual 20th of the month following end of calendar quarter April 15th of following year Gross Receipts: Vending Individual Income Tax Inheritance Tax Liquor-by-the-drink Tax Litigation Tax Marriage License Tax Mixing Bar Tax Motor Fuel Taxes: Special Tax Motor Fuel Taxes: Environmental Assurance Fee Motor Fuel Taxes: Gasoline Tax Anything over the exemptions are 9 months after the following rates: death; one First $40,000 5.5% Next Upon death of year decendent $40,000 - $240,000 6.5% extension Next $240,000 - $440,000 7.5% available $440,000 and over 9.5% 15th day of Monthly the following 15% of gross receipts month Tax on certain court cases, including certain fines & fees. Tax charged on marriage licenses generally $15 plus $60 additional fee. 15% of gross receipts Monthly 15th/following month Inheritance Tax LBD Tax Litigation Tax & Fees Returns Monthly Monthly $0.01 per gallon Monthly $0.004 per gallon Monthly $0.20 per gallon Monthly 15th day of Marriage License Tax the following Return month 20th day of the following Mixing Bar Tax month 20th day of the following Motor Fuel: Special Tax month 20th day of Motor Fuel: the following Environmental Fee month 20th day of Motor Fuel: Gasoline the following Tax month Motor Fuel Taxes: Diesel Tax Motor Fuel Taxes: LG Tax Motor Fuel Taxes: Compressed Natural Gas Tax Clear diesel - $.17 cents per gallon Dyed diesel - tax exempt from motor fuel if used off road $0.14 per gallon Monthly 20th day of the following month July 25th 25th day of the following month 20th day of the following month 25th day of the following month June 1 - Tax is paid in advance 15th day of the following month Motor Fuel: Diesel Tax Annual Motor Fuel: LG Tax Motor Fuel: Natural Gas $0.13 cents per gallon 1/20th of $0.01 per gallon (If the $0.01 Special Tax has been paid, then19/20th of $0.01 per gallon of the special privilege tax may be credited on a monthly return or alternatively, refunded. Motor Oil - $0.02 per quart Monthly Motor Fuel Taxes: Export Tax Monthly Motor Fuel: Export Tax Oil Tax Professional Privilege Tax Quarterly Oil Tax $400 Realty Transfer: $.37 per $100 of purchase price; Mortgage Tax: $.115 cents per $100 of mortgage principal, first $2000 exempt. State tax - 5.5% on food and food ingredients; 7% on all other tangible personal property. State Single Article - 2.75% on any single item sold in excess of $1,600 but not more than $3,200. Use tax rate same as sales tax rate. Local tax see local tax chart. $0.50 per ton severed Annual Professional Tax Realty Transfer and Mortgage Tax Monthly Realty Transfer & Mortgage Tax Return Sales & Use Tax Monthly, Quarterly, or Annually 20th/following tax period Sales & Use Tax Severance Tax: Coal Severance Tax: Crude Oil Severance Tax: Minerals Monthly 3% of sales price up to $0.15 per ton, rate set by county legislative body Monthly Monthly 15th day of the following month 20th day of the following month 15th day of the following month Severance Tax: Coal Severance Tax: Crude Oil Severance Tax: Minerals Severance Tax: Natural Gas Television & Telecommunications Tax Tire Tax 3% of sales price Monthly Monthly, Quarterly, or Annually Quarterly TAX RATES $1.35 tax on each qualified new tire Cigarette Tax - $.031 per cigarette ($0.62/pack of 20) Tax on Other Tobacco Products - 6.6% of the wholesale cost As prescribed by law 20th day of Severance Tax: Natural the second Gas month 20th/month following end TV/Telecom Taxes of period 25th day of the following Tire Tax month after quarter 15th day of the following month Tobacco Taxes Tobacco Taxes Monthly Unauthorized Substances Tax As identified by As law encountered enforcement Unauthorized Substances Tax

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