Tennessee: Sales Tax Exemption for Water and Wastewater Treatment Authorities
- Jun 17, 2015 | Gail Cole
A new sales and use tax exemption takes effect in Tennessee on July 1, 2015.
Under HB 928, the exemption for machinery used by a “county or municipality or a contractor pursuant to a contract with such county or municipality for use in water pollution control or sewage systems” is expanded to include machinery used by a “water and wastewater treatment authority created by private act or pursuant to the Water and Wastewater Treatment Authority Act, complied in title 68, chapter 221, part 6.”
According to the bill, this is required for the public welfare.
Simplify the management of sales tax exemptions by implementing automated sales tax Software-as-a-Service (SaaS). Learn more.