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The Hall income tax is a Tennessee state tax on interest and dividend income from investments. It is the only tax on personal income in Tennessee, which does not levy a general state income tax. The current tax rate is 6 percent, applied to all taxable interest and dividend income over $1250 per person ($2500 for married couples filing jointly). Revenues are shared with the government of the municipality or county where the taxpayer resides. ==History== The Hall tax was established by action of the Tennessee General Assembly in 1929, by Chapter 86, Public Acts of 1929, enacted on April 10, 1929.〔T.O. Trotter, The Tennessee Income Tax Law of 1929, ''Tennessee Law Review'' 106 (1929-1930) ()〕 It is named for Frank S. Hall,〔Diane Black, (Tennessee Senators, Territorial General Assembly 1794 to 106th General Assembly, 2009-10 ), Tennessee State Library and Archives. (List shows that Hall was a Democrat representing the 23rd District, including Dickson, Houston, Humphreys, and Stewart Counties.)〕 the state senator who sponsored the legislation. Authority for the tax derives from the 1870 amendments to the Tennessee State Constitution, which gave the General Assembly the power "to levy a tax on incomes derived from stocks and bonds that are not taxed ''ad valorem''.” A 2004 analysis suggests that this provision of the state constitution was intended to address difficulties that Tennessee government had experienced in its efforts to apply property tax to intangible forms of property.〔 A 1929 opinion of the Tennessee Supreme Court, issued in the case of ''Shields v. Williams'' and written by Chief Justice Grafton Green,〔159 Tenn. 349 (1929)〕 found that the Hall tax was a privilege tax, not a property tax.〔〔 This meant that the Hall tax was not subject to a provision of the state constitution requiring all property to be taxed uniformly.〔 At first the tax rate was 5% and all collected revenue was directed to the state government.〔Stanley Chervin and Harry A. Green, (Hall Income Tax Distributions and Local Government Finances ), Tennessee Advisory Commission on Intergovernmental Relations, April 2004〕 In 1931 the General Assembly amended the law to require that 45% of the revenue be distributed to local governments. This had the effect of allocating 2.75 percentage points of the taxable income to the state government and 2.25 points to local government.〔 In 1937 the tax rate was increased to 6% and the portion allocated to local governments was reduced to three-eighths of the total, thus keeping the local government share at 2.25 percentage points of the taxable income reported by the local jurisdiction's residents.〔 These rates remain in effect as of 2014. In 2002, the Tennessee Department of Revenue established an electronic filing system for the Hall income tax and ended its former practice of mailing tax forms to taxpayers believed to be subject to the tax.〔(Procedures for Filing the Income Tax Return ), Tennessee Department of Revenue, November 2001.〕 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「Hall income tax」の詳細全文を読む スポンサード リンク
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