2008 News Releases
For Immediate Release: August 18, 2008
ETSU WILL HOST BUSINESS TAX SEMINAR SEPT. 3
JOHNSON CITY, Tenn. - The Tennessee Department of Revenue and the East Tennessee State University will co-sponsor the annual 2008 Tennessee Business Tax Seminar on Wednesday, Sept. 3 from 8:15 a.m. to 4:45 p.m. at The Centre at Millennium Park, located at 2001 Millennium Place, Johnson City, TN 37604.
This seminar is designed to provide current, in-depth information on Tennessee tax issues. State tax specialists will present recent developments in legislation and discuss various tax types and exemptions including business, sales and use, gift and inheritance, individual income and tangible personal property. A breakout session allows attendees the choice to learn about unemployment tax and unclaimed property or franchise and excise taxes.
Individuals who attend the seminar will be provided with comprehensive materials covering these topics and will have the opportunity to ask questions. Continuing Professional Education (CPE), Continuing Education Unit (CEU) and Continuing Legal Education (CLE) credits may be obtained for these sessions through the sponsoring university. Each seminar has a registration fee. Please contact Nancy Casteel at ETSU to register and confirm the cost of participating by calling (423) 439-5300 or e-mailing CASTEEL@mail.etsu.edu.
Seminars are also offered in Murfreesboro, Chattanooga, Cookeville, Clarksville and Knoxville. For more information, please visit http://www.TN.gov/revenue/ or call the Tennessee Department of Revenue at (615) 253-0600.
The Department of Revenue is responsible for the administration of state tax laws and motor vehicle title and registration laws established by the legislature and the collection of taxes and fees associated with those laws. The Department of Revenue collects approximately 92 percent of total state tax revenue. During the 2006-2007 fiscal year, the department collected $11 billion in state taxes and fees. In addition to collecting state taxes, $1.9 billion of local sales tax was collected by the department for local governments during the 2006-2007 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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