Navigating the intricacies of business taxation can often feel daunting, yet understanding the obligations and opportunities inherent in forms like Tennessee's BUS 415 is crucial for local business operators. The BUS 415 form, issued by the Tennessee Department of Revenue, serves as a County Business Tax Return, a mandatory submission for businesses operating within Tennessee's diverse counties. This document is central to ensuring businesses are compliant with local tax regulations, outlining the filing period, account numbers, and pertinent taxpayer information including Federal Employer Identification Number (FEIN), Social Security Number (SSN), or Taxpayer Identification Number (TIN) along with the business license number. Alongside providing a detailed location address for the taxable entity, the form specifies the due date by which the tax return must be filed and completed. Importantly, it offers a structured format to report total gross sales, allowable deductions, and the calculation of taxable gross sales, leading to the determination of total tax due. Specific to the form are instructions for payment, delineation of possible deductions, and penalties for late submissions, each catered to different classes of retailers and wholesalers based on their operational scale and period. Additionally, it accommodates scenarios requiring amendments to previous returns or those concerning closed businesses, ensuring a comprehensive framework for all reporting requirements. With such detailed parameters, the BUS 415 form embodies a critical tool in the arsenal of Tennessee's business community, aiding in the transparent reporting and calculation of business taxes due to the state.
| Question | Answer |
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| Form Name | Due Date Bus 415 Form |
| Form Length | 2 pages |
| Fillable? | No |
| Fillable fields | 0 |
| Avg. time to fill out | 30 sec |
| Other names | TENNESSEE, bus 416 form, tn, 2010 |
TENNESSEE DEPARTMENT OF REVENUE
COUNTY BUSINESS TAX RETURN
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Filing Period |
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Account No. |
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FEIN/SSN/TIN |
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License No. |
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BUS |
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415 |
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Due Date |
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Location Address |
Make your check payable to Tennessee |
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Department of Revenue and mail to: |
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Tennessee Department of Revenue |
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Classification |
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Andrew Jackson State Office Building |
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4 |
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500 Deaderick Street |
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Nashville, Tennessee 37242 |
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Should you need assistance, please contact |
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the Taxpayer Services Division by calling |
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Name: _________________________________________________________ |
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our statewide numbers: |
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(615) |
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Address:_________________________________________________________ |
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} |
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(Address to which returns should be mailed) |
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If this is an AMENDED RETURN, |
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please check the box at right |
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City: ________________________________ State: _____ |
Zip: __________ |
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If this is a return for a CLOSED |
} |
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business, please check the |
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box at right. |
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Business tax jurisdiction for which return is being filed: |
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(Name of county) |
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Note: A taxpayer located within a city may be required to file two business |
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tax returns. Please see |
the instructions for more information. |
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ROUND TO NEAREST DOLLAR |
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1. |
Total gross sales (Excluding sales tax) |
(1) |
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2. |
Enter deductions from Schedule A, Line 18 |
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Taxable gross sales (Subtract Line 2 from Line 1) |
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Business tax (Multiply Line 3 by .001) |
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(5) |
% |
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Deduct amount of personal property taxes (cannot exceed 50% of Line 4) |
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.00 |
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% |
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Total tax due (Subtract Line 5 from Line 4. Enter result or $22, whichever is greater) |
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.00 |
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% |
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Enter credit |
memo balance |
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.00 |
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8. |
Penalty (See |
instructions) |
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%.00 |
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% |
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Interest ( |
% per annum on taxes unpaid by the due date; see instructions) |
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.00 |
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10. Total amount due (Add Lines 6, 8, and 9; subtract Line 7) |
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%.00 |
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(Make checks payable to the Tennessee Department of Revenue) |
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(10) |
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FOR OFFICE USE ONLY
I declare this is a true, complete, and accurate return to the best of my knowledge.
SIGN
HERE
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President or other Principal Officer, Partner or Proprietor |
Date |
SIGN |
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HERE |
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Tax Return Preparer and Title |
Date |
INTERNET |
Schedule A. Deductions from Gross Sales |
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1. |
Sales of services substantially performed in other states |
(1) |
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Returned merchandise when the sales price is refunded to the customer |
(2) |
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Sales in interstate commerce where the purchaser takes possession outside Tennessee for use or |
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consumption outside Tennessee |
(3) |
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4. |
Cash discounts allowed and taken on sales |
(4) |
5. Repossessions - The portion of the unpaid principal balance in excess of $500 due on tangible per- |
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sonal property repossessed from customers |
(5) |
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6. |
The amount allowed as |
(6) |
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Bad debts written off during the reporting period and eligible to be deducted for federal income tax |
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purposes |
(7) |
8.Amounts paid to subcontractors holding a business license or contractor's license for performing activities described in Tenn. Code Ann. Section
file with the return |
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Federal and Tennessee privilege and excise taxes:
(Note: All deductions must have adequate records maintained to substantiate deductions claimed or they will be disallowed.)
9. Federal and Tennessee gasoline tax |
(9) |
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10. |
Federal and Tennessee motor fuel tax |
(10) |
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11. |
Federal and Tennessee tobacco tax on cigarettes |
(11) |
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12. |
Federal and Tennessee tobacco tax on all other tobacco products |
(12) |
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13. |
Federal and Tennessee beer tax |
(13) |
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Tennessee special tax on petroleum products |
(14) |
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15. |
Tennessee liquified gas tax for certain motor vehicles |
(15) |
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16. |
Tennessee beer 17% wholesale tax |
(16) |
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Other deductions not taken elsewhere on the return |
(17) |
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(Specify) |
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18. Total Deductions. Add Lines 1 through 17. Enter here and in Page 1, Line 2 |
(18) |
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.00
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CLASSIFICATION |
RETAILER RATES |
WHOLESALER RATES |
TAX PERIOD |
DUE DATE |
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Class 1A |
0.001 |
0.00025 |
January 1 |
- December 31 |
February 28 |
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Class 1B & 1C |
0.001 |
0.000375 |
January 1 |
- December 31 |
February 28 |
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Class 1D |
0.0005 |
Not applicable |
January 1 - December 31 |
February 28 |
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Class 2 |
0.0015 |
0.000375 |
April 1 - March 31 |
May 31 |
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Class 3 |
0.001875 |
0.000375 |
July 1 - June 30 |
August 31 |
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Class 4 |
0.001 |
Not applicable |
October 1 |
- September 30 |
November 30 |
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Class 5 |
0.003 |
Not applicable |
January 1 |
- December 31 |
February 28 |
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INTERNET