Due Date Bus 415 Form PDF Details

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.

QuestionAnswer
Form NameDue Date Bus 415 Form
Form Length2 pages
Fillable?No
Fillable fields0
Avg. time to fill out30 sec
Other namesTENNESSEE, bus 416 form, tn, 2010

Form Preview Example

TENNESSEE DEPARTMENT OF REVENUE

COUNTY BUSINESS TAX RETURN

 

Filing Period

 

Account No.

 

FEIN/SSN/TIN

 

License No.

BUS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

415

 

 

 

 

 

 

 

 

Due Date

 

Location Address

Make your check payable to Tennessee

 

 

 

 

 

 

 

Department of Revenue and mail to:

 

 

 

 

 

 

 

Tennessee Department of Revenue

 

Classification

 

 

 

 

 

 

 

 

 

 

 

Andrew Jackson State Office Building

 

4

 

 

 

 

 

 

 

 

 

 

 

500 Deaderick Street

 

 

 

 

 

 

 

 

 

 

 

 

 

Nashville, Tennessee 37242

 

 

 

 

 

 

 

 

 

 

 

 

Should you need assistance, please contact

 

 

 

 

 

 

 

 

 

 

 

 

 

 

the Taxpayer Services Division by calling

Name: _________________________________________________________

 

 

our statewide numbers: 1-800-342-1003or

 

 

 

 

 

 

 

(615) 253-0600.

 

 

 

 

 

 

 

Address:_________________________________________________________

 

 

 

 

 

}

 

 

 

 

 

 

 

 

 

 

 

 

(Address to which returns should be mailed)

 

 

 

 

If this is an AMENDED RETURN,

 

 

 

 

 

 

 

 

 

 

 

please check the box at right

 

 

 

 

 

City: ________________________________ State: _____

Zip: __________

 

 

If this is a return for a CLOSED

}

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

business, please check the

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

box at right.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Business tax jurisdiction for which return is being filed:

 

 

 

 

 

 

(Name of county)

 

 

 

 

Note: A taxpayer located within a city may be required to file two business

 

 

 

tax returns. Please see

the instructions for more information.

 

 

 

 

 

 

ROUND TO NEAREST DOLLAR

 

1.

Total gross sales (Excluding sales tax)

(1)

 

.00

 

 

2.

Enter deductions from Schedule A, Line 18

(2)

 

.00

3.

Taxable gross sales (Subtract Line 2 from Line 1)

(3)

 

.00

4.

Business tax (Multiply Line 3 by .001)

 

(4)

.00

 

 

 

 

 

(5)

%

5.

Deduct amount of personal property taxes (cannot exceed 50% of Line 4)

 

 

.00

 

 

 

 

 

 

 

 

 

%

6.

Total tax due (Subtract Line 5 from Line 4. Enter result or $22, whichever is greater)

 

(6)

.00

 

 

 

 

 

 

 

 

 

 

%

7.

Enter credit

memo balance

 

(7)

.00

 

 

8.

Penalty (See

instructions)

 

(8)

%.00

 

 

 

 

 

 

 

 

%

9.

Interest (

% per annum on taxes unpaid by the due date; see instructions)

 

(9)

.00

 

 

10. Total amount due (Add Lines 6, 8, and 9; subtract Line 7)

 

 

 

%.00

 

(Make checks payable to the Tennessee Department of Revenue)

 

(10)

 

 

 

FOR OFFICE USE ONLY

I declare this is a true, complete, and accurate return to the best of my knowledge.

SIGN

HERE

 

President or other Principal Officer, Partner or Proprietor

Date

SIGN

 

HERE

 

 

 

Tax Return Preparer and Title

Date

RV-R0012301

INTERNET (07-09)

Schedule A. Deductions from Gross Sales

 

1.

Sales of services substantially performed in other states

(1)

2.

Returned merchandise when the sales price is refunded to the customer

(2)

3.

Sales in interstate commerce where the purchaser takes possession outside Tennessee for use or

 

 

consumption outside Tennessee

(3)

 

 

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-

 

 

sonal property repossessed from customers

(5)

 

 

6.

The amount allowed as trade-in value for any articles sold

(6)

7.

Bad debts written off during the reporting period and eligible to be deducted for federal income tax

 

 

purposes

(7)

8.Amounts paid to subcontractors holding a business license or contractor's license for performing activities described in Tenn. Code Ann. Section 67-4-708(4)(A). Must complete Schedule B and

file with the return

(8)

 

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)

 

 

 

 

10.

Federal and Tennessee motor fuel tax

(10)

 

 

 

 

 

 

11.

Federal and Tennessee tobacco tax on cigarettes

(11)

 

 

 

 

 

 

12.

Federal and Tennessee tobacco tax on all other tobacco products

(12)

 

 

 

 

 

 

13.

Federal and Tennessee beer tax

(13)

 

 

 

 

 

 

14.

Tennessee special tax on petroleum products

(14)

 

 

 

 

 

 

15.

Tennessee liquified gas tax for certain motor vehicles

(15)

 

 

 

 

 

 

16.

Tennessee beer 17% wholesale tax

(16)

 

 

 

 

17.

Other deductions not taken elsewhere on the return

(17)

 

 

 

 

 

 

 

(Specify)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

18. Total Deductions. Add Lines 1 through 17. Enter here and in Page 1, Line 2

(18)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

.00

.00

.00

.00

.00

.00

.00

.00

.00

.00

.00

.00

.00

.00

.00

.00

.00

.00

CLASSIFICATION

RETAILER RATES

WHOLESALER RATES

TAX PERIOD

DUE DATE

 

Class 1A

0.001

0.00025

January 1

- December 31

February 28

 

Class 1B & 1C

0.001

0.000375

January 1

- December 31

February 28

 

Class 1D

0.0005

Not applicable

January 1 - December 31

February 28

 

Class 2

0.0015

0.000375

April 1 - March 31

May 31

 

Class 3

0.001875

0.000375

July 1 - June 30

August 31

 

Class 4

0.001

Not applicable

October 1

- September 30

November 30

 

Class 5

0.003

Not applicable

January 1

- December 31

February 28

 

 

 

 

 

 

 

 

INTERNET (07-09)