Rules & Regulations of the State of Tennessee
Title 1320 - Revenue
Subtitle 1320-04 - Miscellaneous Tax Division
Chapter 1320-04-05 - Business Tax Rules and Regulations
Section 1320-04-05-.49 - SALES TO EMPLOYEES
Universal Citation: TN Comp Rules and Regs 1320-04-05-.49
Current through September 24, 2024
Sales to employees shall be included in the Business Tax base. The tax shall be based upon sales price of the property or service sold, or upon the cost price of property or service furnished to the employee as part of his compensation without a specific charge being made for such property or service furnished.
Authority: T.C.A. §§67-5822 and 67-101.
Disclaimer: These regulations may not be the most recent version. Tennessee may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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