Since this is a firearms forum, the one most relevant to us is the one for gun safes and safety devices.
quote:
The Tennessee Department of Revenue also recently issued Important Notice #21-13, Sales Tax Holiday for Gun Safes and Gun Safety Devices. Public Chapter 592 (2021), effective July 1, creates a new one-year sales tax holiday for the period beginning 12:01 a.m. on July 1, 2021 and ending at 11:59 p.m. on June 30, 2022. During this period, retail sales of gun safes and gun safety devices are exempt from sales and use tax.
The notice defines a “gun safe” as a locking container or other enclosure equipped with a padlock, key lock, combination lock or other locking device that is designed and intended for the secure storage of one or more firearms. A “gun safety device” is defined as any integral device to be equipped or installed on a firearm that permits the user to program the firearm to operate only for specified persons designated by the user through computerized locking devices or other means integral to and permanently part of the firearm.
This exemption will only be available for the one-year holiday period. All retail sales of gun safes and gun safety devices made after June 30, 2022 will be subject to sales tax.
For more details on the traditional sales tax holiday, including an alphabetical list of items that are exempt, visit the Department of Revenue website.
Since Tennessee has as much as 9.75% sales tax, the savings could be substantial. I could use a locking cabinet for my long guns and ammo. It would at least keep somebody from simply picking them up and walking out the door. Make them at least work a little bit.
Posts: 29429 | Location: Johnson City, TN | Registered: April 28, 2012
