Tenn. Comp. R. & Regs. 1320-05-01-.18 - SALES TO EMPLOYEES
(1) An employer
selling tangible personal property or taxable services to employees, for use or
consumption, must include the receipts from such sales in his gross taxable
sales. It is immaterial that such employer makes sales at retail only to his
employees, and not to the general public.
(2) All meals sold or furnished to employees
in conjunction with their employment are subject to sales tax upon the sales
price to the employee or the cost of the ingredients of the meal, whichever is
greater.
Notes
Authority: T.C.A. ยงยง 67-1-102, 67-6-102 and 67-6-402.
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.