Tenn. Comp. R. & Regs. 1320-04-05-.49

Current through December 10, 2024

Section 1320-04-05-.49 - SALES TO EMPLOYEES

Sales to employees shall be included in the Business Tax base. The tax shall be based upon sales price of the property or service sold, or upon the cost price of property or service furnished to the employee as part of his compensation without a specific charge being made for such property or service furnished.

Tenn. Comp. R. & Regs. 1320-04-05-.49

Original rule certified June 7, 1974.

Authority: T.C.A. §§67-5822 and 67-101.