The following professionals are required to pay the tax due on June 1, 2020 and thereafter: Tenn. Code Ann. § 67-4-1704(d). If you are an office or firm and will be submitting a payment on behalf of multiple employees, you have the option of submitting a bulk file so that you do not have to submit separate payments for each individual. A Tennessee Business Privilege License can only be obtained through an authorized government agency.
Taxable professionals holding an active license in Tennessee must pay the $400 tax, which is due June 1 each year. Filing Professional Privilege Tax on Behalf of Multiple Employees. More information on electronic filing can be found in Tenn. Code Ann. Although I have an active Tennessee professional license, I have not lived or worked in Tennessee for several years.
Section 67-1-115. Professional privilege tax is due June 1 each year for individuals licensed or registered to practice in Tennessee any one of the professions listed in Tenn. Code Ann. I have two professional licenses. I am in the military. Click on the "Professional Privilege Account ID" link under the "Look Up Information & Requests" heading. Depending on the type of business, where you're doing business and other specific regulations that may apply, there may be multiple government agencies that you must contact in order to get a Nashville-Davidson, Tennessee Business Privilege License. You may look up your professional privilege tax account ID by visiting our tax filing website, the Tennessee Taxpayer Access Point (TNTAP). The Professional Privilege Tax is due on June 1 of each year. Am I exempt from filing and paying the professional privilege tax? §67-4-1702. Depending on the type of business, where you're doing business and other specific regulations that may apply, there may be multiple government agencies that you must contact in order to get a Tennessee Business Privilege License. It is not intended to cover all provisions of the law or every taxpayer's specific circumstances. A Nashville-Davidson, Tennessee Business Privilege License can only be obtained through an authorized government agency. NOTICE: The information included on this website is to be used only as a guide. Am I still subject to the Tennessee professional privilege tax? The Tennessee Securities Division “shall not process and shall hold in abeyance the application for renewal of the license or registration of any taxpayer” who fails to pay this tax. If you are registered or licensed to practice in more than one of the following professions, you are only required to pay the $400 tax once per year. Note: We do not currently offer a means to file, pay, or renew your privilege license electronically. Professional privilege tax returns can be filed electronically either by individuals or by companies that file and pay for multiple individuals.
The professional privilege tax is an occupation tax imposed on people with an active Tennessee license or registration to practice specific professions.