As used in these Rules and Regulations, the following terms, wherever used, shall have the following meanings:
- (1) "Act" shall mean the Business Tax Act, being part 7, Chapter 4, Title 67, T.C.A., as amended.
- (2) "Commissioner" shall mean the Commissioner of Revenue of the State of Tennessee, or any of his duly authorized assistants.
- (3) "Department" shall mean the Department of Revenue of the State of Tennessee.
- (4) "Local Officers” shall mean County Clerks and the duly designated municipal officers responsible for licensing of local businesses.
- (5) "Lease or Rental” means the leasing or renting of tangible personal property and the possession or use of the property by the lessee or renter for a consideration, without transfer of the title of such property, and such shall be considered as a taxable transaction within the meaning of the Business Tax Act.
- (6) "Return" shall mean the report of a person liable for business tax showing gross sales, deductions, credits, tax computations, and such other information as may be required by the Commissioner.
- (7) "State" shall mean the State of Tennessee.
- (8) "Tax" shall mean the business tax imposed by the Business Tax Act.
- (9) "Manufacturer" shall mean those persons engaged in the businesses described in Division D of the Standard Industrial Classification Index of 1987, as amended.
Authority: T.C.A. §§ 67-1-102, 67-4-702, and 67-4-703. Administrative History: Original rule certified June 7, 1974. Amendment filed March 18, 1983; effective June 15, 1983. Amendments filed June 28, 2016; effective September 26, 2016.