Professional Privilege Tax

Overview

Professional privilege tax is due June 1 each year for individuals licensed or registered to practice in Tennessee any one of the professions listed in Tenn. Code Ann. §67-4-1702.  If you are registered or licensed to practice in more than one of the following professions, you are only required to pay the $400 tax once per year.  

The following professions are required to pay the professional privilege tax:  

Attorney
Agent (Securities)
Broker-Dealer
Investment Adviser
Lobbyist