Tax rates. [Not applicable to any transfer by gift made on or after January 1, 2012, see § 67-8-118.]

Tenn. Code Ann. § 67-8-106, under Gift Tax [Not applicable to any transfer by gift made on or after January 1, 2012, see § 67-8-118.].

Tenn. Code Ann. § 67-8-106

(a) The tax imposed by this part with respect to gifts made prior to 1984 shall be computed at the following rates:CLASS A1.4 percent on amounts from $10,000 to $25,000;2 percent on the next $25,000 or part thereof;4 percent on the next $50,000 or part thereof;5.5 percent on the next $200,000 or part thereof;6.5 percent on the next $200,000 or part thereof;9.5 percent on the excess over $500,000.CLASS B6.5 percent on amounts from $5,000 to $50,000;9.5 percent on the next $50,000 or part thereof;12 percent on the next $50,000 or part thereof;13.5 percent on the next $50,000 or part thereof;16 percent on the next $50,000 or part thereof;20 percent on the excess over $250,000.

CLASS A1.4 percent on amounts from $10,000 to $25,000;2 percent on the next $25,000 or part thereof;4 percent on the next $50,000 or part thereof;5.5 percent on the next $200,000 or part thereof;6.5 percent on the next $200,000 or part thereof;9.5 percent on the excess over $500,000.

1.4 percent on amounts from $10,000 to $25,000;

2 percent on the next $25,000 or part thereof;

4 percent on the next $50,000 or part thereof;

5.5 percent on the next $200,000 or part thereof;

6.5 percent on the next $200,000 or part thereof;

9.5 percent on the excess over $500,000.

CLASS B6.5 percent on amounts from $5,000 to $50,000;9.5 percent on the next $50,000 or part thereof;12 percent on the next $50,000 or part thereof;13.5 percent on the next $50,000 or part thereof;16 percent on the next $50,000 or part thereof;20 percent on the excess over $250,000.

6.5 percent on amounts from $5,000 to $50,000;

9.5 percent on the next $50,000 or part thereof;

12 percent on the next $50,000 or part thereof;

13.5 percent on the next $50,000 or part thereof;

16 percent on the next $50,000 or part thereof;

20 percent on the excess over $250,000.

(b) The tax imposed by this part with respect to gifts made after 1983 shall be computed at the following rates:CLASS A5.5 percent on the amount of net taxable gifts up to $40,000;6.5 percent on the next $200,000 or part thereof;7.5 percent on the next $200,000 or part thereof;9.5 percent on the excess over $440,000. CLASS B6.5 percent on the amount of net taxable gifts up to $50,000;9.5 percent on the next $50,000 or part thereof;12 percent on the next $50,000 or part thereof;13.5 percent on the next $50,000 or part thereof;16 percent on the excess over $200,000.

CLASS A5.5 percent on the amount of net taxable gifts up to $40,000;6.5 percent on the next $200,000 or part thereof;7.5 percent on the next $200,000 or part thereof;9.5 percent on the excess over $440,000.

5.5 percent on the amount of net taxable gifts up to $40,000;

6.5 percent on the next $200,000 or part thereof;

7.5 percent on the next $200,000 or part thereof;

9.5 percent on the excess over $440,000.

CLASS B6.5 percent on the amount of net taxable gifts up to $50,000;9.5 percent on the next $50,000 or part thereof;12 percent on the next $50,000 or part thereof;13.5 percent on the next $50,000 or part thereof;16 percent on the excess over $200,000.

6.5 percent on the amount of net taxable gifts up to $50,000;

9.5 percent on the next $50,000 or part thereof;

12 percent on the next $50,000 or part thereof;

13.5 percent on the next $50,000 or part thereof;

16 percent on the excess over $200,000.