Home » Tennessee House Approves Sales Tax Decrease On Groceries
Grocery Industry Southeast

Tennessee House Approves Sales Tax Decrease On Groceries

The Tennessee House has unanimously approved a proposal to cut the state’s sales tax on groceries.

The Memphis Business Journal reports that the proposal was put forward by Gov. Bill Haslam. If approved by the Senate, Tennessee’s sales tax on groceries will decrease from 7 percent to 5 percent.

The decrease is expected to cost state coffers about $23 million.

 

 

 

Featured Photos

Featured Photo PLMA Annual Private Label Trade Show
Donald E. Stephens Convention Center
Chicago, Illinois
Share via
Copy link
Powered by Social Snap