Tenn. Comp. R. & Regs. 1320-04-05-.25

Current through December 18, 2024

Section 1320-04-05-.25 - LEASED DEPARTMENTS

Persons operating leased departments or concessionaires are not permitted to include their tax liability on the returns of the lessor or grantor of the concession but must file separate returns and pay applicable taxes imposed by the Business Tax Law, including the initial and minimum license fees.

Tenn. Comp. R. & Regs. 1320-04-05-.25

Original rule certified June 7, 1974.

Authority: T.C.A. §§67-5822 and 67-101.