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With a few exceptions, all businesses that sell goods or services must pay the state business tax. This includes businesses with a physical location in the state as well as out-of-state businesses performing certain activities in the state.
Certain entities under specific circumstances are exempt from paying the business tax. These may include, but are not limited to, people acting as employees, manufacturers, religious and charitable entities selling donated items, direct-to-home satellite providers, and movie theaters.
Doing business in Tennessee" or "doing business within this state" means any activity purposefully engaged in, within Tennessee, by a person with the object of gain, benefit, or advantage, consistent with the intent of the general assembly to subject such persons to the Tennessee franchise, excise tax to the extent ...
The address of the registered office must be a physical Tennessee address; it cannot be a post office box, route number, or box number alone.
Tennessee's statutory definition of ?doing business? is very broad and encompasses ?any activity purposefully engaged in within Tennessee by a person with the object of gain benefit, or advantage.? Tenn.
A standard business license is needed from your county and/or municipal clerk if your gross receipts are $100,000* or more. You are not allowed to operate until your required license is obtained and posted in your business' location.
Your notice or cancellation must be sent in by midnight of the third business day after signing the contract. If you mail the cancellation, it must be postmarked by the third business day.
A seller in TN can get out of a real estate contract if the buyer's contingencies are not met?these include financial, appraisal, inspection, insurance, or home sale contingencies agreed to in the contract.