In addition, owners may be required to obtain a Business Tax License. Please refer to the chart below:
Annual Gross Income | License Required | Return Filed/Taxes Paid |
---|---|---|
$0 to $2,999 | None | None |
$3,000 to $99,999 | Minimal Activity $15/$30 (GSD/USD) Annually | None |
$100,000 + | Business Tax License $15/$30 (GSD/USD) One-time fee | File return with TDOR/Pay Taxes |
For any further questions, please email [email protected].