67-4-715 - When taxes due and payable Transmission of returns Due dates of returns Consolidating taxes.
67-4-715. When taxes due and payable Transmission of returns Due dates of returns Consolidating taxes.
(a) The taxes levied by this part that are collected and administered by the commissioner shall be due and payable annually on the following dates:
(1) December 31 for persons taxable under § 67-4-708(1);
(2) March 31 for persons taxable under § 67-4-708(2);
(3) June 30 for persons taxable under § 67-4-708(3);
(4) September 30 for persons taxable under § 67-4-708(4); and
(5) December 31 for persons taxable under § 67-4-708(5).
(b) For the purpose of ascertaining the amount of tax payable under this part, it shall be the duty of all persons to transmit to the commissioner, on forms prescribed by the commissioner, a return for each county, in the case of taxes levied by the county, and a return for each city, in the case of taxes levied by the city, showing the gross receipts arising from all sales taxable under this part during the period covered by each return. The return shall also include the applicable deductions or credits specifically allowed under this part and any other information required by the commissioner to determine the amount of tax properly due. The returns shall be transmitted to the commissioner on or before the following dates:
(1) February 28 for persons taxable under § 67-4-708(1);
(2) May 31 for persons taxable under § 67-4-708(2);
(3) August 31 for persons taxable under § 67-4-708(3);
(4) November 30 for persons taxable under § 67-4-708(4); and
(5) February 28 for persons taxable under § 67-4-708(5).
(c) At the time of transmitting to the commissioner the return required by this part, the person shall remit to the commissioner with the return the amount of tax due under the applicable provisions of this part, and failure to so remit the tax shall cause the tax to become delinquent.
(d) Any taxpayer that is required to file its sales and use tax returns electronically under § 67-6-504 is likewise required to file the returns required by this section electronically, and remit the tax electronically, using a method approved by the commissioner. Taxpayers that fail to comply with this provision shall be subject to the penalties set out in § 67-6-504(g).
(e) Each taxpayer who operates more than one (1) place of business in a city or county may apply to the commissioner for permission to file a consolidated tax return for all business locations in a single taxing jurisdiction.
(f) The failure of any person to secure the forms mentioned in this section shall not relieve the person from the payment of the tax at the time and in the manner provided in this section.
[Acts 1971, ch. 387, § 7; modified; Acts 1972, ch. 850, § 7; 1973, ch. 172, § 1; 1973, ch. 208, §§ 1, 2; 1977, ch. 314, § 1; T.C.A., § 67-5807; Acts 2004, ch. 924, § 10; 2009, ch. 530, § 83.]