Tenn. Comp. R. & Regs. 1320-04-05-.32

Current through December 10, 2024

Section 1320-04-05-.32 - NONPROFIT MEMBER ORGANIZATIONS

Organizations operating on a nonprofit membership basis for promotion of interest of the members shall be exempt from the Business Tax on services rendered. The sale of food, beverages or other tangible personal property, shall constitute a taxable activity, and such organizations shall pay tax under the appropriate classification.

Tenn. Comp. R. & Regs. 1320-04-05-.32

Original rule certified June 7, 1974. Amendment filed April 28, 1987; effective July 29, 1987.

Authority: T.C.A. §§ 67-1-102, 67-4-703 and 67-4-708.