Business Tax Changes

Chapter 530 of the Public Acts of 2009 amended the Tennessee Business Tax Act.  Effective January 1, 2010, all businesses operating within Davidson County are required to obtain a business license and report their gross receipts to the Tennessee Department of Revenue on an annual basis.

 

All businesses will continue to register with the County Clerk within 20 days after commencement of business to receive a business license.  If the business is operating within a municipality a separate business license is required.  A remittance of $15 must be submitted with each application.

The annual business tax return will be filed on updated tax forms with the Department of Revenue.  Additional information is available on the Department of Revenue website at www.TN.gov/revenue/onlinefiling or you may contact them at 1-800-342-1003.

The following businesses are exempt: manufacturers, doctors, dentists, veterinarians, attorneys, accountants, schools, religious organizations, insurance agents, loan companies, security exchanges, public utilities or businesses that gross less than $3000 per year.