KampData Knowledge Base

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======Benton TN Single Article Tax======



In correspondence with the Tennessee State Department of Revenue we were told:



"The local tax cut off is at the $1,600 mark of the sales price of each individual single article of tangible personal property. It is not applicable to an entire invoice amount. The combined state and local tax must be collected on the first $1,600 of the sales price of each individual item of tangible personal property and on the total sales price of each sale of taxable services. 

For instance, if the invoice is for a sale of 20 widgets that sell for $100 each, the total amount of the invoice would be $2,000, but the individual widgets sell for only $100 each - less than the $1,600 cutoff for local tax. Therefore, each widget would be taxed at the combined state and local sales tax rate of 9.75% that is in effect in the City of Benton. 

That the invoice total exceeded $1,600 would not be material to the tax assessment."



However, the current (May 2008) issue of the [[dynamiczip:glossary:zipsales_database|ZIPsales Database]] contains the following line in the City.txt file:

BENTON POLK TN0.0050000.0050000.0000000.000000 0.0000000.000000 7001 16000.0000000.000000 0 20080101S4713905040

There is no "Y" in position 140 to flag the maximum as applying to a Single Article.

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[[dynamiczip:troubleshooting:issues:known_zipsales_database_issues|Known Zipsales Database Issues]]