Due Date and Tax Rate
The tax is payable within 48 hours after the dealer acquires actual or constructive possession of a non-tax-paid unauthorized substance. If the 48th hour falls on a Saturday, Sunday, or legal state holiday, then the tax is payable on the next working day. The tax rates on the various substances are as follows:
(1) 40 cents for each gram, or fraction thereof, of harvested marijuana stems and stalks that have been separated from and are not mixed with any other parts of the marijuana plant;
(2) $3.50 for each gram, or fraction thereof, of marijuana, other than separated stems and stalks taxed under Tenn. Code Ann. §67-4-2803(a)(1). or plants with foliation taxed under Tenn. Code Ann. §67-4-2803 (a)(3);
(3) $350 per plant, whether growing or detached from the soil, on each marijuana plant with foliation;
(4) $50 for each gram, or fraction thereof, of cocaine;
(5) $200 for each gram, or fraction thereof, of any other controlled substance, controlled substance analogue or low-street-value drug that is sold by weight;
(6) $50 for each 10 dosage units, or fraction thereof, of any low-street-value drug that is not sold by weight;
(7) $200 for each 10 dosage units, or fraction thereof, of any other controlled substance or controlled substance analogue that is not sold by weight;
(8) $31.70 for each gallon, or fraction thereof, of illicit alcoholic beverages sold by the drink; or
(9) $12.80 for each gallon, or fraction thereof, of illicit alcoholic beverages not sold by the drink.