If I file late, how are the penalty and interest rates taxed?
An electronic payment or return is considered timely if it is filed on or before 11:59:59 PM on the due date of the return. If a return is filed late, a penalty of 5% of the tax for each 1 to 30 day period for which tax is delinquent must be paid, with the total penalty not to exceed 25% of the tax. The minimum penalty is $15.00 regardless of the amount of tax whether or not tax is due. If filed late, compute interest at 7.25% per annum on the tax.

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1. How do I register?
2. Who to Contact for Help with Registration?
3. Who to Contact for Help with Business Tax Online Services:
4. Who will issue the business tax license?
5. Will businesses receive annual license renewal mailings?
6. Who issues licenses to contractors that are doing business outside the county and/or city where they are domiciled?
7. What is the filing deadline for Business Tax Returns?
8. If I file late, how are the penalty and interest rates taxed?
9. Do amended returns cancel previous transactions?
10. How do I close a business tax account?
11. If a taxpayer has multiple locations in the City, can it consolidate the locations into one return?
12. Is the information that must be provided to the State of Tennessee confidential?