(a) It is a privilege taxable by this state to offer or provide to Tennessee consumers fantasy sports contests.(b) A tax is imposed at the rate of six percent (6%) on all adjusted revenues of a fantasy sports contest offered by a fantasy sports operator to Tennessee consumers and is in addition to any other taxes levied pursuant to this title.(c) The tax imposed by this part shall be collected and administered by the commissioner.Added by 2016 Tenn. Acts, ch. 978,s 4, eff. 7/1/2016.
Tennessee Legal Code