Taxes, Sales - As introduced, applies the sales and use tax to advertising services purchased by or on behalf of a business entity that generates annual revenue in amount equal to or greater than $100 million. - Amends TCA Title 67.

Summary

The bill amends Tennessee's sales‑and‑use tax code to require that advertising services purchased by or on behalf of businesses earning at least $100 million annually be taxed. It defines advertising broadly, covering written, electronic, print, TV, digital, radio, billboard, sponsorships and other promotional communications. The tax would take effect on January 1, 2027, after the Department of Revenue issues implementing rules.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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