There are 5 article(s) tagged sales tax:

• February 2023

  • Palazzolo: State needs to share sales tax revenue with cities

    “Tennessee cities produce 92% of all sales tax revenue generated in the state. However, sales tax revenues returned to cities make up only 20% to 30% of their annual operating revenue.”

    By Mike Palazzolo February 24, 2023

  • Collierville, Germantown support returning more sales tax to municipalities

    Both suburbs unanimously passed similar resolutions in their respective meetings Monday, taking a formal yet strong stance on the matter.

    By Abigail Warren February 13, 2023

  • Collierville reports strong sales tax revenue as budget preparations begin

    The town will receive its portion of December sales tax at the end of this month. So the nearly $14 million collected thus far doesn’t account for the holiday spending.

    By Abigail Warren February 12, 2023

• August 2022

  • Tennessee’s grocery tax holiday ends midnight Wednesday, but food insecurity doesn’t

    The one-month grocery tax holiday has helped people stretch their budgets, but it has not made a dent in the issue of food insecurity, the Mid-South Food Bank’s CEO says.

    By Ian Round August 30, 2022

• July 2021

  • It’s a great weekend to go shopping

    Stock up on school supplies, clothes and shoes this weekend. Tennessee’s tax-free holiday continues through Sunday, but Mississippi’s ends at midnight Saturday. The Volunteer State is also exempting most food items (except candy!) from sales tax.

    By The Daily Memphian Staff July 30, 2021