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The Department collects about 87 percent of total state revenue. During the 2018 fiscal year, it collected $14.5 billion in state taxes and fees and more than $2.8 billion in taxes and fees for local governments. [2] The Department is led by Commissioner David Gerregano. [3]
There is no sales tax on food items, but prepared meals purchased in a restaurant are subject to a meal tax of 6.25% (in some towns voters chose to add a local 0.75% tax, raising the meal tax to 7%, with that incremental revenue coming back to the town). Sales tax on liquor was repealed in a 2010 referendum vote.
Wholesale sales tax, a tax on sales of wholesale of tangible personal property when in a form packaged and labeled ready for shipment or delivery to final users and consumers; Retail sales tax, a tax on sales of retail of tangible personal property to final consumers and industrial users [3] Gross receipts taxes, levied on all sales of a ...
Jul. 27—Tennessee consumers look forward each year to the sales tax holiday on clothes, computers and school supplies. It's timed to back-to-school purchases, but it applies to shoppers of any ...
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Sales tax; State and local tax deduction; ... even though they may be required to pay federal taxes. ... Tennessee: 68,888,235,000 Connecticut:
The Volunteer State is among the states which pay the least, while New Jersey, Connecticut and Washington D.C. pay the most. See where Tennessee ranks.