The state of Tennessee is situated in the southeastern part of the U.S. and quite populous. It is demarcated by North Carolina in the east, Arkansas and Missouri in the west Georgia, Alabama, and Mississippi in the south and Kentucky and Virginia in the north.
Prior to the coming of the Europeans, it was home to Native American tribes. It experiences humid subtropical climate which means hot summers and mild winters. By the 20th century this state transformed itself from an agrarian economy to an economy run by federal investment. As of now its economy is based on electrical power, textiles, cotton, cattle and soybeans.
Taxes on silver sales
There is a specific transactions sales tax rate in Tennessee. This tax is applied for each sale and represents 7% of the price. There are some additional local sales tax required by cities or/and by the county, consequently the total sale tax amount varies between 8.5% and 9.75%.
No tax exemption for buying silver coins and bullion in this state.
More information on precious metal sales tax in Tennessee: http://www.tn.gov/attorneygeneral/op/2012/op12-110.pdf