Tennessee Utility Sales Tax Exemption
Tennessee allows businesses to claim an exemption on the portion of their utility used in the fabricating or processing of tangible personal property for sale.
Tennessee Sales Tax Exemption Certificate
The Application Form RV-F1303101 is the document that must be filed in Tennessee in order for a business to claim the Utility Sales Tax Exemption.
Energy Study Requirement
The State of Tennessee does not have an energy study requirement. The only requirement is for the business to have a Tennessee Sales and Use Tax account and complete Application Form RV-F1303101. Once the business’s application is approved it will qualify for a reduced sales tax rate of 1.5 percent.
Eligible Industries in Tennessee
If you don’t see your business on here but think you may qualify, please do not hesitate to reach out to us. A SmartSave specialist can help you identify whether your business may qualify.
SmartSave investigates client’s current utility situation, and quickly identifies if the company is eligible to save on its utility sales tax through the exemption.
A SmartSave energy specialist performs an in-depth study at the business location to determine the exact proportion of energy use that is exempt from taxation.
All necessary information is compiled into a report and submitted to the required utility companies and state agencies. SmartSave works hand-in-hand with these entities to ensure that all reports are accurate and compliant with statute.
Once the exemption request is approved, your company receives a refund on the past 2-4 years of overpaid utility sales tax, and stops paying sales tax on all certified production items, generating significant savings for the business each month moving forward.