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Due Dates for Calendar Year 2016 Tennessee Taxes Is April 18, 2017
Due dates for certain Tennessee franchise and excise tax returns, business tax returns and Hall income tax returns will be April 18, 2017, instead of April 15, 2017, to be consistent with the Internal Revenue Service ("IRS") federal income tax filing deadline. For more information, please see important notice #17-03.
Out-of-State Dealer Sales and Use Tax Registration Application Available
Tennessee Revenue Rule 1320-05-01-.129(2) requires certain out-of-state dealers with no physical presence in Tennessee to register with the Department of Revenue for sales and use tax purposes. Click here to access our out-of-state dealer sales and use tax registration application.
Please read frequently asked questions on this topic here.
Click here to read sales and use tax important notice 17-01: Out-of-State Dealer Registration.
Electronic Insurance Verification System Certification
The James Lee Atwood Jr. Law requires the Department of Revenue to develop and implement an online electronic motor vehicle insurance verification program. The Commissioner of Revenue is required to certify that the insurance verification program has been successfully tested and is ready for implementation. This important notice serves as certification by the Commissioner that the insurance verification program has been successfully tested and is ready for implementation.
Tax Relief Available to Affected Sevier County Residents
Tax relief is available to Sevier County residents affected by the area’s recent wildfires. Tennesseans who live in any federally declared natural disaster area and who receive disaster assistance from the Federal Emergency Management Agency (FEMA) may request a refund of sales tax they paid on certain items. For more information about applying for a sales tax refund, please read our website as well as this important notice. Businesses who were impacted by the wildfires may also request an extension of time to file their tax returns by contacting the Department through Revenue Help or calling us at 615-253-0600.
Administrative Hearing Office Annual Report Available
The Tennessee Department of Revenue offers the Administrative Hearing Office as a forum where taxpayers can work with informal conference personnel to resolve disputes about tax assessments and tax refund claim denials. Hearing Office personnel are required to exercise independent judgment and to render decisions on individual issues based on the facts and the law. Read more about the Hearing Office's mission and role, as well as fiscal year 2016 statistics on conferences, in the annual report here.
Reminder of Sales Tax Return Change
The Tennessee Department of Revenue would like to remind sales tax registrants that only SNAP sales are reported on Schedule A, Line C. All sales that were previously reported on Line C, including fuel sales, should be reported on Line I. For more information, see Important Notice #15-21
Interest Rate Information Updated
The Department of Revenue has posted new information about the interest rates on all taxes it collects or administers, as of July 1, 2016. Information about the interest rate for installment payments has also been updated. Read more under the "interest rate" heading here.
Retail Accountability Program Updates
Wholesaler Reporting Changes
The Tennessee General Assembly recently passed legislation that makes changes to the expansion of the Retail Accountability Program. Beer and tobacco wholesalers should continue to report their sales to retailers. However, no reports will be required from wholesalers of food, candy or non-alcoholic beverages until July 25, 2016, when first and second quarter reports will be due. Information about additional changes will be added soon to the Retail Accountability page.
The Retail Accountability Program will not issue any assessments based on reports from wholesalers of food, candy or non-alcoholic beverages until 2017. However, the program continues to match wholesaler reports of beer and tobacco sales to retailers' reported taxable sales. Assessments based upon the underreporting of beer and tobacco sales will continue to be issued. The calculation for these assessments may be found here.
2016 Legislative Summaries Now Available
Brief summaries of 2016 legislative changes to laws that affect the Department of Revenue have posted to our website. You may find those legislative summaries here.
Date of Sales Tax Holiday Changes Due to Legislation
Recent legislation has changed the date of Tennessee’s annual sales tax holiday. Tennessee’s sales tax holiday will now be one weekend earlier than it has been in the past. Starting in 2016, and continuing annually, the sales tax holiday will be held during the last Friday in July through the following Sunday. Previously, the sales tax holiday weekend was the first full weekend of August. The dates for this year’s sales tax holiday are July 29 through July 31, 2016. The new law did not change any other aspects of the sales tax holiday. Read here for more information.
Liquor-by-the-drink Tax Filing Reminder
The Department of Revenue would like to remind licensed liquor-by-the-drink taxpayers that their beginning and ending monthly inventories are required to be reported on their monthly returns. For more information, see this important notice.
Administrative Hearing Office Annual Report Available
The Tennessee Department of Revenue offers the Administrative Hearing Office as a forum where taxpayers can work with informal conference personnel to resolve disputes about tax assessments and tax refund claim denials. Hearing Office personnel are required to exercise independent judgment and to render decisions on individual issues based on the facts and the law. Read more about the Hearing Office's mission and role, as well as fiscal year 2015 statistics on conferences, in the annual report here.
Update on Rulemaking Process
The Department of Revenue has begun the formal process for issuing updated rules for sales tax, franchise and excise tax and business tax, as well as a small number of administrative rules. Over the past several months, the Department has been in the process of receiving and evaluating informal feedback from parties who previously contacted the Department expressing interest in the process.
On February 25, the Department filed a Notice of Rulemaking Hearing with the Secretary of State. That filing can be found here. The Department anticipated the need for new or updated rules due in part to recent legislative changes. Additionally, a number of obsolete or outdated rules need to be updated or repealed.
The rulemaking hearing will be held on April 26 at 1 p.m. Central Time at the Andrew Jackson State Building in Nashville. The hearing will be held in Hearing Room 201. Oral or written comments are invited at the hearing. Additionally, written comments from the public may be submitted to Department prior to the hearing.
1099-K Filing Requirement Information
The Tennessee General Assembly recently enacted legislation which requires payment settlement entities, third party settlement organizations, electronic payment facilitators, and third parties acting on behalf of payment settlement entities to file duplicate federal 1099-K information returns with the Department of Revenue. Read more about this requirement by reading this important notice. You may access the 1099-K filing portal through this webpage.
New Agricultural Sales and Use Tax Certificates Will Be Mailed Automatically, Prior to Expiration
Every fourth year, the Department of Revenue reissues agricultural certificates of exemption to all current exemption holders. Renewed certificates are mailed during the latter part of December before the end of the certificate’s expiration date (certificates for the current period expire December 31, 2015). New certificates have an effective date of January 1 of the following year, and they will expire on December 31 four years later.
No action is needed on behalf of current exemption holders, unless you have changed your address, or you no longer meets the requirements for exemption (please see the certificate application for a list of these requirements). If your mailing address has changed, please notify the Department by submitting a request. If you no longer meet the requirements for the agricultural exemption, please notify the Department by calling us at 615-253-0600.
New Requirements for the Licensed Distributor Report
Due to the states being held to higher standards for diligent enforcement of the Master Settlement Agreement, increased reporting on the licensed distributor report will be required effective January 1, 2016. Click here for more information.
Updated Electronic Filing Mandates
The Department of Revenue has updated its electronic filing mandates. There are updated requirements for the Hall income tax as well as the franchise and excise tax, which go into effect January 1, 2016. Read more here.
Lien Fee Notation Increase
Effective August 1, 2015, new state law requires an increase to the state fee to note a lien on a vehicle's certificate of title from $5.50 to $11. Likewise, the law increases the state fee to note the extension of a mortgage on a certificate of title from $5.50 to $11. The $5.50 increase cover the cost of subsequently discharging the lien or mortgage extension. This has previously been done without a fee to pay for the cost to the state. For more information click here.
Retail Accountability Program Changes and Guidance
The Tennessee General Assembly recently passed legislation expanding the Retail Accountability Program to require wholesalers to report the sales of an expanded range of products, such as food and/or beverage sales. Additional information about the Retail Accountability Program can be found here.