Invoicing in Tennessee

Built-in handling of TN sales tax (7.000000000000001% state rate) and statutory late fees.

State sales tax
7.00%
Late fee max
1.5%/mo
Metros covered
10
Written contract req.
Yes

Tennessee compliance at a glance

  • Sales tax: 7.00% state rate. State 7%; combined commonly 9.25-9.75%.
  • Late fees: Up to 1.5% per month. (Tenn. Code 搂47-14-103) Formula rate equals 4% over Federal Reserve discount rate; contract rates capped.
  • Written contracts: Required for jobs over $25,000.
  • Prompt-pay law: Tennessee Prompt Pay Act (Tenn. Code 搂66-34-101 et seq.). Subs paid within 30 days of GC receiving payment; 1.5% per month interest if late.

Tennessee metros

Tennessee guides