Notwithstanding any rule or law to the contrary, no tax shall be due under § 57-5-201 for any beer or ale that has been rendered unsalable and subsequently destroyed as a result of flooding occurring between May 1, 2010, and May 8, 2010. Any tax previously paid under § 57-5-201 by the wholesaler on any such beer or ale that is unsalable and destroyed as a result of such flooding occurring between May 1, 2010, and May 8, 2010, shall be allowed as a credit against the tax levied by § 57-5-201 on the subsequent purchase of beer or ale by such wholesaler. However, this section shall not apply unless such flooding resulted in the destruction of at least fifty (50) barrels, or liquid volume equivalent, of beer or ale and satisfactory proof of such destruction is submitted to the department.
Structure 2021 Tennessee Code
Chapter 4 - Privilege and Excise Taxes
Part 1 - Collection and Licenses Generally
§ 67-4-101. Privileges Taxable — License Required
§ 67-4-102. Exemptions From Privilege Taxes
§ 67-4-103. Collection of Privilege Taxes by County Clerk
§ 67-4-104. Issuance of License
§ 67-4-107. Transfer of License
§ 67-4-109. Action by County Against Business in Violation
§ 67-4-111. Collection From Itinerant Business
§ 67-4-113. Rules and Regulations — Military Personnel
§ 67-4-114. Credit for Beer or Ale Rendered Unsalable as a Result of Flooding