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Tenn. Code Ann. § 67-4-1502

Registration of short-term rental unit marketplace — Collection and remittance of tax. [Effective January 1, 2021.]

Acts 2020, ch. 787, § 10.

(1) A short-term rental unit marketplace shall register with the department for the collection and remittance of all the following taxes with respect to the consideration charged for the occupancy of a short-term rental unit: The privilege tax imposed pursuant to title 7, chapter 4, part 1;

(2) The privilege tax imposed pursuant to title 7, chapter 4, part 2;

(3) The privilege tax imposed pursuant to title 67, chapter 4, part 14; and

(4) Any privilege tax on the occupancy of a room provided by any hotel, motel, or similar establishment to a transient for a consideration, where the tax is imposed pursuant to a private act.

(5) Any tax collected pursuant to subsection (a) must be collected by the short-term rental unit marketplace and remitted to the department, in the same manner as provided by chapter 6 of this title with respect to sales and use tax. The tax collected pursuant to subsection (a) must be collected at the rate adopted by the city, county, or metropolitan government.

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.