Tennessee Tax Rates, Collections, and Burdens
Tennessee has a flat 6.50 percent corporate income tax rate and levies a gross receipts tax. Tennessee has a 7.00 percent state sales tax rate, a max local sales tax rate of 2.75 percent, and an average combined state and local sales tax rate of 9.55 percent.
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The Department of Revenue is responsible for the administration of state tax laws established by the legislature and the collection of taxes and fees ...
Tax Resources. Find Tennessee Code, important notices, legislative summaries, tax rulings, collection summaries, tax forms and more here. Read More ...
Nov 27, 2023 · There is no personal income tax in Tennessee. Property tax: 0.67 percent of a home's assessed value (average) Real estate taxes vary ...
There is no income tax on wages in this state, making it one of the states with the lowest taxes. Therefore, the Tennessee income tax rate is 0%. It does have, ...
Jan 1, 2024 · The statewide base sales tax in Tennessee is 7%, which by itself is tied for the second-highest statewide rate in the nation. However, cities ...
Information about Tennessee state taxes for GSA SmartPay card/account holders.
Tennessee Department of Revenue
Government agency
The Tennessee Department of Revenue is an agency within the Tennessee state government that is responsible for administering the state’s tax laws and motor vehicle title and registration laws. More than 800 people work for the Department of... Wikipedia
Headquarters: Nashville, TN
Founded: 1923
Tennessee has a 7% statewide sales tax. There's also an additional state tax of 2.75% on sales of single items that applies to the portion of the sales price ...
Aug 3, 2023 · Tax Exempt Bonds · Tennessee State Website · Small Business Events in Your Area ... Taxation. Tennessee Department of Revenue. Employer Links.
Tennessee sales and use tax rates in 2024 range from 7% to 10% depending on location. Use our calculator to determine your exact sales tax rate.