Tax Due Date-Delinquency-Tax Periods

(1) The business tax provided for in T.C.A. § 67-4-709 is an annual tax for the privilege to engage in any of the business activities made subject to business tax. (2) Pursuant to the authority in T.C.A. § 67-4-715(g), the business tax return is due on the 15th day of the fourth month following the end of the taxpayer’s fiscal year. For example, if a taxpayer’s fiscal year ends on December 31, then its return will be due on April 15.