Statutes > Tennessee Statutes > Title 67 - Taxes And Licenses > Chapter 4 - Privilege and Excise Taxes > Part 7 - Business Tax > 67-4-705 - Businesses declared privileges taxable by state.

67-4-705 - Businesses declared privileges taxable by state.

67-4-705. Businesses declared privileges taxable by state.

The engaging in any business, business activity, vocation or occupation in this part named, enumerated, described, or referred to in § 67-4-708(5), is declared to be a privilege for state purposes and taxable by the state alone.

[Acts 1971, ch. 387, § 3; 1972, ch. 850, § 3; T.C.A., § 67-5803.]