Tennessee Sales Tax Rate Changes October 2012
- Sep 10, 2012 | Will Frei
The following cities will increase the local sales and use tax rate to 2.75%, effective October 1, 2012:
Additional Tax Rate Information
In the cities listed above, the local option sales tax applies to the first $1,600 of the sale price of any item sold, unless it is ". . . exempted from local tax or taxed at another rate by statute."
- Local tax cannot exceed $44 on a single article sold;
- The local tax rate applies to any taxable service;
- ". . . [T]here is a state single article tax rate of 2.75% applicable to the sales price, from $1,600.01 up to and including $3,200, of any item of tangible personal property."