Tennessee DOR Releases Updated Alcohol Tax Manual

The Tennessee Department of Revenue (DOR) June 1 released the updated Alcohol Tax Manual. The updated information includes: 1) an explanation that effective July 1, the minimum bond amount for all liquor-by-the-drink bonds is $10,000; and 2) the inclusion of commercial passenger bus companies to the list of authorized businesses to make sales of alcoholic beverages for consumption on the premises. [Tenn. Dep’t of Revenue, Tennessee Alcohol Tax Manual, 06/01/24]

This story was produced by Bloomberg Tax Automation, and edited by Bloomberg Tax staff.