Metro Nashville City Council Approved Downtown Sales Tax Increase

During Tuesday’s meeting, the Metro Nashville City Council approved a resolution increasing the sales tax for downtown businesses. The .25 percent tax increase will go into effect July 1. According to the Metro Nashville Finance Department, the estimated revenue from this increase amounts to at least $2.4 million. 

Per the state law, certain businesses are exempted from the sales tax increase: professional services, transient lodging, tickets for sporting or other live events, alcoholic beverages, newspapers or other publications, and overnight or long-term parking. 

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