Legal Documents of Newport

Code of Newport

Table of Contents » Title 8 Alcoholic Beverages » Chapter 3 Sale Of Intoxicating Liquor For Consumption On Premises » § 8-307 Privilege taxes.
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8
Title 8
8-1
Title 8, Chapter 1
8-101
§ 8-101
Newport
Title 8 : Alcoholic Beverages
Chapter 3 : Sale Of Intoxicating Liquor For Consumption On Premises

8-307 : Privilege taxes.

  1. Pursuant to Tennessee Code Annotated, § 57-4-301(b)(2) the City of Newport hereby levies the following taxes for the privilege of selling intoxicating liquors for consumption on premises, which taxes shall be for municipal purposes to be paid annually to-wit:

    1. Private club $300.00
    2. Hotel and motel $1,000.00
    3. Convention center $500.00
    4. Premier type tourist resort $1,500.00
    5. Restaurant, according to seating capacity, on licensed premises:
      1. 75 through 125 seats $600.00
      2. 126 through175 seats $750.00
      3. 176 through 225 seats $800.00
      4. 226 through 275 seats $900.00
      5. 276 seats and over $1,000.00

    If a restaurant is licensed by the commission to sell wine only under Tennessee Code Annotated, § 57-4-101(n), the privilege tax imposed shall be one-fifth (1/5) the amount specified in this subdivision (b)(1).

    1. Historic performing arts center $300.00
    2. Urban park center $500.00
    3. Commercial passenger boat company $750.00
    4. Historic mansion house site $300.00
    5. Historic interpretive center $300.00
    6. Community theater $300.00
    7. Zoological institution $300.00
    8. Museum $300.00
    9. Establishment in a terminal building of a commercial air traffic airport $1,000.00
    10. Commercial airline travel club $500.00

    The foregoing taxes shall be payable on the date the license is issued by the ABC and the foregoing taxes shall be prorated from said date of issuance until the next following October 1, at which time, a full year's taxes shall then be due and immediately payable.

  2. In addition to the privilege taxes levied in subsection (1), there further levied a tax equal to the rate of fifteen percent (15%) of the sales price of all alcoholic beverages sold for consumption on the premises the tax to be computed on the gross sales of alcoholic beverages for consumption on the premises for the purpose of remitting the tax due the state, and to include each and every retail thereof.
  3. No tax authorized or imposed by this section shall be levied or assessed from any charitable, nonprofit, or political organization selling alcoholic beverages at retail pursuant to a special occasion license.
  4. When any licensee shall fail fo pay the initial privilege tax or any annual taxes due each October 1, there shall be imposed a penalty in the amount of five percent (5%) from each month of delinquency or part thereof not to exceed a total of twenty-five percent (25%), provided however each licensee shall have thirty (30) days from the due date before any penalty starts to accrue, interest on the taxes shall accrue at the rate of twelve percent (12%) per annum until paid.
  5. All penalties imposed by this section and taxes provided by this section may be collected as other taxes payable to the city.
  6. Should the licensee also hold a beer permit issued by the city, a failure to pay taxes under this section shall constitute grounds for suspension or revocation of the beer permit. Repeated violations of this section will constitute grounds for permanent revocation of a beer permit. (Ord. #__, Dec. 2004)