SB4004 - Tennessee - County Government, County Officers, Municipal Government, Taxes, Taxes, Business

Companion Bill HB3957. Taxes, Business - Modifies certain policies and procedures pertaining to collection of business taxes. - Amends TCA Title 67, Chapter 4, Part 7. Fiscal Summary for *SB4004 / HB3957Decrease State Revenue - Exceeds $100,000 Increase Local Revenue - Exceeds $100,000 Increase Local Expenditures - Exceeds $100,000/Permissive Bill Summary for *SB4004 / HB3957 Present law requires every person taxable under the Business Tax Act, prior to engaging in business, to register with the county clerk, in the case of taxes owed to the county, and with the city official designated as the collector of tax by city charter or ordinance, in the case of taxes owed to a municipality. Any metropolitan government that has levied the business taxes may designate the county clerk as the collector of the tax for the entire metropolitan taxing [...]

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