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2005 News Releases

For Immediate Release:  June 17, 2005

TENNESSEE DEPARTMENT OF REVENUE TO HOLD BIMONTHLY NEW BUSINESS WORKSHOP
KNOXVILLE REVENUE OFFICE WILL HOST SEMINAR JULY 13

NASHVILLE, Tenn. - The Tennessee Department of Revenue will hold its next free bimonthly new business workshop on July 13 from 8:30 a.m. to 12:30 p.m. at the department's Knoxville regional office, located at 531 Henley St. The workshop will be held on the seventh floor in conference room B.

This free workshop is designed to assist those encountering business-related taxes for the first time. Tax specialists from various local and state agencies will provide the basic information needed to comply with registration and tax requirements. During the session, attendees will have the opportunity to listen to these tax specialists, ask questions, and receive materials explaining tax responsibilities and providing contact information. Areas of discussion will include business tax, sales and use tax, unemployment tax and tax enforcement procedures.

Interested individuals may call (865) 594-6100 to register for the program.

The Department of Revenue also offers new business workshops bimonthly across the state in Chattanooga, Johnson City, Memphis and Nashville.

The Department of Revenue collects approximately 92 percent of total state tax revenue. During the 2003-2004 fiscal year, the department collected $9.1 billion in state taxes and fees. In addition to collecting state taxes, $1.6 billion of local sales tax was collected by the department for local governments during the 2003-2004 fiscal year. Besides collecting taxes, the department enforces the revenue laws fairly and impartially in an effort to encourage voluntary taxpayer compliance. The department also apportions revenue collections for distribution to the various state funds and local units of government. To learn more about the department, log on to www.TN.gov/revenue.

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