The occupations, businesses and business transactions deemed privileges are to be taxed, and not pursued without license, and shall be such as are declared by this code or by legislative acts that are not to be deemed repealed by the enactment of this code.
Code 1858, § 550; Shan., § 692; mod. Code 1932, § 1124; T.C.A. (orig. ed.), § 67-5301.
Cross-References. Professional boxing, sparring or wrestling match gross receipts tax, §68-115-208.
Textbooks. Tennessee Jurisprudence, 15 Tenn. Juris., Insurance, § 6; 17 Tenn. Juris., Licenses, § 3.
Law Reviews.
State and Local Taxation of Financial Institutions: An Opportunity for Reform (C. James Judson & Susan G. Duffy), 39 Vand. L. Rev. 1057 (1986).
Comparative Legislation. Privilege and excise taxes:
Ala. Code §40-12-1 et seq.
Ark. Code §26-76-101 et seq.
Ga. O.C.G.A. §48-13-2 et seq.
Miss. Code Ann. §27-15-1 et seq.
Mo. Rev. Stat. § 150.010 et seq.
N.C. Gen. Stat. § 105-33 et seq.
Va. Code § 58.1-3700 et seq.