I am beginning a business which includes selling liquor for consumption on the premises. I am required to file a price schedule with the Department of Revenue, but I am not sure what my average pour sizes and selling prices will be. What should I do?

New businesses that will be subject to the liquor-by-the-drink tax are required to file a price schedule with the Department before beginning business.  Your beginning price schedule should be based on what you think your prices and pour sizes will be.  If, after three months of ongoing business, you find that your actual prices and/or pour sizes are different than what you originally reported, you should amend your price schedule. Price schedules should be submitted and amended through your Tennessee Taxpayer Access Point (TNTAP) account.

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