State Tax
| State Income Tax on Wages | None |
| State Income Tax: Interest from Bonds and Dividends from Stock | 3% (Hall income tax is fully repealed after January 1, 2021) |
| Excise Tax (State) | 6.5% of Tennessee taxable income |
| Franchise Tax (State) | 0.25% of the greater of net worth or real and tangible property in Tennessee. The minimum tax is $100 |
| Unemployment Insurance Tax (State) | 2.7% of the first $8,000 in wages for new employers |
Property Tax
| Property Tax Rate (County) | $2.55 |
| State Property Tax | None |
| Assessment Ratio: Residential Property | 25% |
| Assessment Ratio: Farm Property | 25% |
| Assessment Ratio: Commercial/Industrial Property | 40% |
| Assessment Ratio: Public Utility Property | 55% |
| Assessment Ratio: Business Personal Property | 30% |
Sales Tax
| State Sales Tax Rate | 7.0% |
| County Sales Tax Rate | 2.75% |
| Local Sales Tax Collections (FY 2016) | $3,481,444 |
| Local Sales Tax Collections (FY 2017) | $3,744,404 |
| Local Sales Tax Collections Growth (FY 2016-FY 2017) | 7.6% |