SB2568 amends Tennessee sales and use tax to include advertising services for businesses with annual revenue of $100 million or more.
SB2568 amends Tennessee Code Annotated, Title 67, to include advertising services in the sales and use tax. This applies to businesses that generate annual revenue of $100 million or more. Advertising includes any communication promoting a brand, product, or service. The Department of Revenue is authorized to create rules for this amendment, which must follow the Uniform Administrative Procedures Act. The act takes effect on January 1, 2027.
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- Legal Framework
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