UT to Pay Privilege Tax on Behalf of UT Employees

 

For the past five years, Chapter 856, Public Acts of 2002 has permitted the university to pay one job-related professional privilege tax on behalf of its faculty and staff. Provided there are no changes to this legislation, the university will once again remit this payment on the behalf of UT employees.

If you are a regular full- or part-time employee who is subject to this tax, you must complete and submit the requested information online no later than Friday, May 2, 2008, to be included in this remittance process.

It is imperative for you to respond no later than May 2, 2008. If you do not, you may be responsible for the payment of the professional privilege tax, plus any associated charges.

Deans, directors, and department heads are to take action to secure and forward this information for any faculty or staff unable to respond by the deadline — e.g., employees without e-mail; employees on any type of leave, including vacations; employees who are working away from the university; or any other such situation. Please provide as much of the information as possible and submit it before the deadline.

The following professions are subject to the professional privilege tax: lobbyists; agents, broker-dealers, and investment advisors under Title 48, Chapter 2; accountants; architects; brokers under Title 62; engineers; landscape architects; audiologists; chiropractors; dentists; optometrists; osteopathic physicians; pharmacists; physicians; podiatrists; psychologists; speech pathologists; veterinarians; attorneys; and sports agents under Title 49, Chapter 7.

This applies only to employees with these specific licenses issued by the state of Tennessee. Only those employees required to pay this tax and who wish to receive this benefit need to provide this information.

If you have any questions about this process, contact your campus business office for additional information.

To complete the requested information, please access the following Web site: http://budget.tennessee.edu/ppt.

You will receive an e-mail confirming the submission of your data.

Please keep this email for your records. If you have difficulty with the Web site, contact Chris Cimino at cimino@tennessee.edu.

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