Definitions – General

As used in these Rules and Regulations, the following terms, wherever used, shall have the following meanings: (1) "Act" shall mean the Business Tax Act, being part 7, Chapter 4, Title 67, T.C.A., as amended. (2) "Commissioner" shall mean the Commissioner of Revenue of the State of Tennessee, or any of his duly authorized assistants. (3) "Department" shall mean the Department of Revenue of the State of Tennessee. (4) "Local Officers” shall mean County Clerks and the duly designated municipal officers responsible for licensing of local businesses. (5) "Lease or Rental” means the leasing or renting of tangible personal property and the possession or use of the property by the lessee or renter for a consideration, without transfer of the title of such property, and such shall be considered as a taxable transaction within the meaning of the Business Tax Act. (6) "Return" shall mean the report of a person liable for business tax showing gross sales, deductions, credits, tax computations, and such other information as may be required by the Commissioner. (7) "State" shall mean the State of Tennessee. (8) "Tax" shall mean the business tax imposed by the Business Tax Act. (9) "Manufacturer" shall mean those persons engaged in the businesses described in Division D of the Standard Industrial Classification Index of 1987, as amended.