Section 1320-04-05-.48 - SALES OF SERVICES AND TANGIBLE PERSONAL PROPERTY(1) A person exempt under the provisions of T.C.A. § 67-4-708, classification 3, from paying the tax on receipts from services rendered is, nevertheless, liable for the tax on receipts from sales of tangible personal property.(2) A person engaged in the business of selling tangible personal property is liable for the Business Tax even though he may call his business a service.Tenn. Comp. R. & Regs. 1320-04-05-.48
Original rule certified June 7, 1974. Amendment filed April 28, 1987; effective July 29, 1987. Amendment filed June 28, 2000; effective September 11, 2000.Authority: T.C.A. §§ 67-1-102, 67-4-703, and 67-4-708.