Legal Documents of Gatlinburg

As authorized by Pub. Acts 1963, ch. 329, there is levied a tax in the same manner and on the same privileges subject to the "Retailers Sales Tax Act" under Tennessee Code Annotated, title 67, chapter 6, as the same may be amended, which are exercised in the City of Gatlinburg. The tax is levied on all such privileges at a rate of one-third (1/3) of the rates levied in the Retailers' Sales Tax Act codified in Tennessee Code Annotated, title 67, chapter 6. Provided the tax shall not exceed $5 on the sale or use of any single article of personal property, and there is excepted from the tax levied by this chapter the sale, purchase, use, consumption or distribution of electric power or energy, or natural or artificial gas, or coal and fuel oil. Penalties and interest for delinquencies shall be the same as provided in Tennessee Code Annotated, §§ 67-6-505, 67-6-506, and 67-6-516. (1976 Code, § 6-201, modified)