The Tax Advantage

No Income Tax

Tennessee does not have a state income tax.

Sales Tax

The state sales tax is 7% for companies or people that distribute, sell, manufacture, or distribute tangible property. Hickman County adds a sales tax of 2.75%.

Sales tax is not levied on

There is reduced sales tax rates for manufacturers' use of energy fuel and water (1.5% vs. 7%), and additional exemptions or credits may be available.

Property Tax

The property Tax rate per $100 of assessed (25%) value in Hickman County is $2.54 (2014) with Centerville adding $0.92 for properties within the city limits. There is no tax on