Amends Tennessee sales and use tax exemptions to clarify definitions and include specific tax exemptions.
This bill amends Tennessee Code Annotated, Title 67, Chapter 6, to modify sales and use tax exemptions. It redefines "books" to include works of nonfiction, fiction, short stories, reference books, textbooks, and workbooks, excluding newspapers, magazines, and periodicals. It also exempts books priced at $100 or less from sales tax. Additionally, it removes a previous exemption for a specific item and adds a new exemption for reference maps and globes.
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- Overview
- Core Provisions
- Implementation
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- Legal Framework
- Critical Issues
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