Tennessee § 67-4-206 - Payment — Penalty and interest.
Full text of Tennessee Tennessee Code Annotated § 67-4-206 — Payment — Penalty and interest., with citation guidance and answers to common questions.
§ 67-4-206. Payment — Penalty and interest.
Each taxpayer shall pay promptly, when due, the taxes imposed by parts 2-6 of this chapter and, in addition, any tax imposed by any law of this state on the privilege of litigation in the courts of this state. Except as otherwise provided in this section, if the tax is not paid within thirty (30) days of its due date, it shall be considered delinquent. If the privilege tax on litigation is not paid within forty-five (45) days of its due date, it shall be considered delinquent. The commissioner may waive, under § 67-1-803, any penalties imposed with regard to the taxes provided by this section, but no other collector may waive or excuse these penalties. Acts 1937, ch. 108, art. 1, § 1; 1937, ch. 108, art. 3, § 19; mod. C. Supp. 1950, §§ 1248.1, 1248.20 (Williams, §§ 1248.2, 1248.142m); impl. am. Acts 1959, ch. 9, § 14; Acts 1978, ch. 839, § 12; 1979, ch. 300, § 1; 1981, ch. 488, § 2; T.C.A. (orig. ed.), §§ 67-4009, 67-4303; Acts 1984, ch. 832, § 36; 1988, ch. 526, § 28. Law Reviews. The Tennessee Recording Tax Statute and Its Effect on Perfection of Security Interests (George T. Lewis, III & Mary Aronov), 52 Tenn. L. Rev. 355 (1985). Cited: In re Ken Gardner Ford Sales, Inc., 10 B.R. 632, 1981 Bankr. LEXIS 3928 (Bankr. E.D. Tenn. 1981).
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 67-4-206
What does Tennessee Code Annotated § 67-4-206 cover?
Section 67-4-206 ("Payment — Penalty and interest.") is part of the Tennessee Code Annotated, the codified statutory law of Tennessee. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Tennessee § 67-4-206?
A common citation format is "Tennessee Code Annotated § 67-4-206" (Tennessee). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Tennessee law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Tennessee official source linked on this page or consult a licensed Tennessee attorney.
How does Tennessee § 67-4-206 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Tennessee can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Tennessee.