Tax Lawyers in Shelby County
Taxes in Shelby County, Tennessee are collected out of necessity. They pay for basic public services, which most of us take for granted.
Taxes in Shelby County, Tennessee are derived from a wide number of sources. Regardless of the source, however, the amount that's taken is never arbitrary, and is always decided by law. A tax can come either in the form of a flat fee, or as a percentage of one's income, the value of a piece of property, or a sale.
Everyone in Shelby County is obligated by law to pay the taxes they owe. If you fail to do this, you could end up facing jail time.
Sources of Tax Dollars in Shelby County, Tennessee
A wide number of activities are subject to taxation in Shelby County, Tennessee, creating a considerable range of revenue sources. For example, cities typically impose a sales tax, charge fees for certain licenses, and collect tolls on roads and bridges.
Sales Tax: In Shelby County, there may be a sales tax on top of the sales tax imposed by the government of . City sales taxes are typically pretty small, typically in the range of one percent or less, as opposed to the 5-7% sales taxes imposed by most states.
Licensing Fees: In Shelby County, licenses are required to engage in many different activities, or at least to do so legally. The most prevalent of these are business licenses. While some professions require licenses because the state has an interest in ensuring competence in them (in law and medicine, for instance), many business licenses exist for the primary purpose of gathering revenue, and therefore serve the same purpose as taxes.
Bridge/Road Tolls: Many larger cities in the U.S. charge tolls to enter the city via main highways or bridges. This amounts to a tax paid for the privilege of entering Shelby County if it has such toll roads. Besides being a basic source of revenue, these tolls require visitors to the city, who will have many city services available to them while they visit, to pay at least some contribution to these services.
How Can a Shelby County, Tennessee Tax Attorney Help?
Tax Law in Shelby County, Tennessee is not simple. Taxes are imposed on a wide range of activities, and the manner in which they're calculated can be very complicated. Moreover, there are usually special tax breaks or exemptions that may or may not apply to you.
If you have any legal issues with your taxes, you should pursue legal advice from a skilled and reputable tax attorney in Shelby County, Tennessee.