The property tax in Tennessee is a local tax specifically authorized in the Tennessee Constitution, Article II, Sections 28 and 29. All property other than public utility company property is assessed by elected county assessors of property. Annual renditions are required only for public utility property and locally assessed business tangible personal property. A timely filed schedule can be amended until September 1 following the tax year.
Real property is reappraised at periodic intervals of from four to six years.
Assessment percentages and tax rates, delinquency. The delinquency date is generally March 1 following the tax year, but some cities have earlier delinquency dates by private act or local ordinance. Sales of property for unpaid delinquent taxes are advertised and conducted through local chancery courts in each county. Exemptions are available for religious, charitable, scientific, and nonprofit educational uses, governmental property, and cemeteries. Business inventories held for sale or exchange by merchants subject to the business gross receipts tax, are not assessable.