Public Chapter 466 (2021) increases the CBID fee from .25% to .50%. SUT-133 has been updated to reflect this change.
Effective July 1, 2021, the Central Business Improvement District (CBID) fee is .50% of the sales price of certain tangible personal property and services.
Reference Important Notice 21-12. Tenn. Code Ann. § 7-88-117.
Note: This article was updated on May 28, 2021. The previous version of SUT-133 is available here.
Comments