Tenn. Comp. R. & Regs. 1320-05-01-.24

Current through October 22, 2024

Section 1320-05-01-.24 - FINANCE COMPANIES

Sales of tangible personal property by a finance company as a result of a default of payments by a customer are subject to the Sales or Use Tax when such property is sold to a Consumer.

Original rule certified June 7, 1974.

Authority: T.C.A. §§ 67-1-102 and 67-6-402.