Tenn. Comp. R. & Regs. 1320-04-05-.49 - SALES TO EMPLOYEES
Sales to employees shall be included in the Business Tax base. The tax shall be based upon sales price of the property or service sold, or upon the cost price of property or service furnished to the employee as part of his compensation without a specific charge being made for such property or service furnished.
Notes
Authority: T.C.A. ยงยง67-5822 and 67-101.
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
No prior version found.