The taxable period for bottler's tax is July 1 through June 30. It is due annually on or before August 1. The tax is imposed on the following year's activity of manufacturing/bottling/selling taxable soft drinks, but it is measured by the previous year's sales/purchases of taxable soft drinks. Therefore, for the tax due on August 1, the taxable period is July 1 immediately before the August deadline through June 30 of the next year. However, the reporting period for that same tax is the taxpayer's tax year that ends before that July 1.
Example 1: A calendar year taxpayer with a reporting period of January 1, 2020 through December 31, 2020, would have a filing due date of August 1, 2021, for the taxable period of July 1, 2021, through June 30, 2022.
Example 2: A fiscal year taxpayer with a reporting period of July 1, 2020, through June 30, 2021, also would have a filing due date of August 1, 2021, for the taxable period of July 1, 2021, through June 30, 2022.
Reference: Tenn. Code Ann. 67-4-402(b)(5).