Businesses with more than $3,000 but less than $100,000 in gross receipts during the tax year must obtain a minimal activity license annually for $15 from the local county and/or city clerk. The Department of Revenue does not issue minimal activity licenses.
Businesses with less than $3,000 in gross receipts per year may pay a $15 fee and get a minimal activity business license, but it is not required.
Reference: Tenn. Code Ann. § 67-4-723.
Note: This article was updated on May 12, 2023, as a result of a law change. The previous version of BUS-15 is available here.