Tenn. Code Ann. § 67-3-1406

Determination of diesel tax payable on dyed diesel — Credit for sales tax paid to another state

Known as the Petroleum Products and Alternative Fuels Tax Law

The act spans §§ 67-3-1001 to 67-3-912 (164 sections).

Acts 2014, ch. 908, § 9.

(1) The amount of diesel tax payable to this state on dyed diesel pursuant to this part is determined by multiplying the rate of the diesel tax by the number of gallons of dyed diesel used in this state by the commercial carrier to produce power for a means of transportation.

(2) There shall be allowed a credit against the amount determined under subsection (a) equal to the amount, if any, of sales tax properly paid to another state upon the dyed diesel used in this state by the commercial carrier to produce power for a means of transportation.

Current official text: Tennessee Code (LexisNexis). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Tennessee statutes; confirm against the official source for the current text. Not legal advice.