Taxes & Impact Fees
Tennessee has the second-lowest state and local tax burden per capita, and no income tax on wages.
Tax Structure
|
PROPERTY TAXES |
RATE |
|
Property Tax Rate (County) |
$2.10 |
|
Property Tax Rate (City) |
$.88 |
|
State Property Tax |
NONE |
|
Residential Property |
25% |
|
Farm Property |
25% |
|
Commercial/Industrial Property |
40% |
|
Public Utility Property |
55% |
|
Business Personal Property |
30% |
|
STATE TAXES |
RATE |
|
State Sales Tax Rate |
7.00% |
|
County Sales Tax Rate |
2.5% |
|
ADDITIONAL TAXES |
RATE |
|
Excise (state) |
6.5% on the net earnings of the company derived from doing business in Tennessee |
|
Franchise (state) |
0.25% of the greater of net worth or real and tangible property in Tennessee (minimum $100 |
| Unemployment Insurance (state) |
The first $8,000 in wages paid to each employee are subject to this tax. The new employer premium rate for most industries, including manufacturing sector 31-33 and mining is 2.7%. The rate is higher for construction (6.0%). Minimum and maximum experience rates are 0.1% and 10.0%, respectively. |
Utilities / Impact Fees
ELECTRIC - CDE Lightband |
GAS/WATER/SEWER - Clarksville Gas & Water |
INTERNET - AT&T, CDE Lightband, Charter, Spectrum
Building & Codes Information
|
BUILDING & CODES FEES |
|
|
City of Clarksville |
VIEW Building & Permit Fees |
|
Montgomery County |
VIEW Building & Permit Fees |