Jan 8, 2026 · Memphis is a city and the seat of Shelby county located in extreme southwestern corner of Tennessee on the Mississippi River. See how this impacts your pricing, profit margins, and tax compliance. 2020 rates included for use while preparing your income tax deduction. Jun 24, 2025 · MEMPHIS, Tenn. Contact TaxHero for a comprehensive sales tax demo today. 5% local option transit surcharge in Davidson County beginning February 1, 2025. It represents a 12-cent tax increase over the certified rate of $1. Free 2026 US Sales Tax calculator for Memphis, Tennessee. By following the same formula, the Memphis taxes of $2,550 would be added to that of Shelby County, making your total property taxes for a $300,000 home $5,827. 5% per month, or 18% annually.

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