Tennessee HB0051 amends lottery tax regulations, imposing a 5% county entertainment tax on lottery ticket sales.
Tennessee HB0051 amends the state's lottery tax regulations by imposing a 5% county entertainment tax on the sales price of lottery tickets or shares. This tax applies to lottery retailers selling within the jurisdiction of a county. The commissioner of revenue is responsible for collecting and administering this tax. Lottery retailers must register with the department of revenue and remit the tax monthly. Two percent of the collected taxes are allocated to the department for administration, while the remaining taxes are distributed as specified.
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