How many business tax returns must a taxpayer file per location?

Business tax is filed on a consolidated basis, meaning that there is only one annual tax return filed. All locations must be reported individually when filing the consolidated business tax return.

Filing your state business tax is based on the location of the business. Every business located in Tennessee that is required to hold a standard business license must pay taxes on gross income received at that location. A business that is located within the limits of a Tennessee city that has a business tax must make two business tax payments for that location - one for the city and one for the state.

A business located outside Tennessee that has no business location in the state, but derives gross income based on taxable activities in Tennessee will file only a state business tax return each year.

Out-of-state contractors whose compensation exceeds $50,000 in a jurisdiction (city or county) must obtain a business license from the local business tax official(s) and file business tax with the Department of Revenue for each taxable jurisdiction on one consolidated return for all locations.



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