Amends TCA Title 67, Chapter 6.
Tennessee HB0714 requires the commissioner of revenue to create a sales tax remittance schedule that enables dealers to reasonably offset transaction fees incurred during the collection of sales tax. This bill primarily affects sales tax dealers by addressing the financial impact of transaction fees on their operations. Key provisions include the establishment of a structured remittance schedule aimed at alleviating the burden of these fees.
Tennessee HB0714 requires the commissioner of revenue to create a sales tax remittance schedule that enables dealers to reasonably offset transaction fees incurred during the collection of sales tax. This bill primarily affects sales tax dealers by addressing the financial impact of transaction fees on their operations. Key provisions include the establishment of a structured remittance schedule aimed at alleviating the burden of these fees.
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