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67-4-705 - Businesses declared privileges taxable by state.

67-4-705. Businesses declared privileges taxable by state.

The engaging in any business, business activity, vocation or occupation in this part named, enumerated, described, or referred to in § 67-4-708(5), is declared to be a privilege for state purposes and taxable by the state alone.

[Acts 1971, ch. 387, § 3; 1972, ch. 850, § 3; T.C.A., § 67-5803.]  

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