I am an out-of-state dealer with no physical presence in Tennessee. If my sales exceed the $500,000 threshold set out in Rule 129(2) and I begin collecting tax, but later my sales fall below the threshold, am I required to continue collecting tax?

The Department would encourage you to continue collecting tax as a convenience to your customers.  However, you may cancel your sales and use tax registration and cease collecting tax as long as your sales remain below the threshold. 

Not finding answers? Submit a request

Comments

Powered by Zendesk