Tenn. Comp. R. & Regs. 1320-04-05-.39 - PUBLISHERS OR PRINTERS OF NEWSPAPERS AND OTHER PERIODICALS
(1) Persons engaged in the business of
publishing or printing newspapers, other periodicals, and other printed matter,
shall be deemed to be manufacturers who are subject to ad valorem tax imposed
in Chapter 5, Title 67, T.C.A., and shall be exempt from the Business Tax in
the same manner as are other manufacturers.
(2) Publishers or printers of newspapers or
other periodicals engaged in any other activity made taxable under the Business
Tax Act shall be liable for the appropriate tax on such activity.
(3) Activities engaged in that are incidental
to the manufacturing portion of the business shall not, however, be subject to
the tax.
Notes
Authority: T.C.A. ยงยง 67-1-102 and 67-4-703.
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