M. & M. Stamp Co. v. Harris

The only question presented for decision in this case is whether the appellant is liable for the privilege tax imposed by Item 106 of T.C.A. sec. 67-4203, which provides :

“Each trading stamp company or agency doing the business of selling, distributing, delivering, or giving away trading stamps or like devices in any county of this state, shall pay, per annum, in each county in which said company or agency does business, a privilege tax # # * ?>

*160On January 16, 1962, the Commissioner of Revenue of the State assessed the tax against the appellant which it paid under protest and then instituted…