HB703 — Taxes, Sales - As introduced, allows dealers, when reporting and remitting sales taxes to the department of revenue, to retain a certain portion of such taxes in order to compensate for costs incurred in accounting for and remitting such taxes; establishes certain maximum limitations for certain dealers. - Amends TCA Title 67, Chapter 6, Part 5.

HB703 — Taxes, Sales - As introduced, allows dealers, when reporting and remitting sales taxes to the department of revenue, to retain a certain portion of such taxes in order to compensate for costs incurred in accounting for and remitting such taxes; establishes certain maximum limitations for certain dealers. - Amends TCA Title 67, Chapter 6, Part 5. · Informed CitizenryHB703 amends Tennessee Code Annotated to allow dealers to deduct a portion of the sales and use taxes they report and remit to the Department of Revenue to compensate for accounting and remittance…Open in Informed Citizenry