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10 chapters · 1,236 sections in this title.
Tenn. Code Ann. § 67-3-504 Payment by supplier
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(a) The taxes and fees on petroleum products imposed by §§ 67-3-202 — 67-3-205 shall be collected and remitted to the state by the supplier, as agent for the wholesaler who removes taxable gallons from the terminal racks. The supplier responsible for the tax payment and the whole…
Tenn. Code Ann. § 67-3-505 Terminal operator liability
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(a) The terminal operator of a terminal in this state is jointly and severally liable for the taxes and fees imposed under §§ 67-3-202 — 67-3-204, and shall remit payment to the department upon discovery of either of the following conditions:(1) The supplier and/or bonded importe…
Tenn. Code Ann. § 67-3-506 Supplier to collect tax-deferred payment
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(a) Each licensed supplier and bonded importer who sells taxable petroleum products shall collect from the purchaser the taxes and fees imposed in part 2 of this chapter. (b) At the election of a licensed wholesaler, the licensed supplier or bonded importer may not require paymen…
Tenn. Code Ann. § 67-3-507 Bad debt allowance
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(a) A licensed supplier or bonded importer is entitled to a credit, against taxes payable under this part, for any tax or fee not paid to the supplier or importer by a licensed wholesaler, who has made a valid election under § 67-3-506(b) and whose election, at the time of the de…
