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Convenience Stores Not Likely to Sell Wine, Bonelaw Attorney Tells Reporter

Bone McAllester Norton Alcoholic Beverage Law attorney Olatayo O. Atanda spoke with a reporter from The Daily Times in Maryville, Tenn. this week, explaining that the new Wine in Grocery Stores law excludes most convenience stores. In order to qualify, participating businesses must have 1,200 square feet of retail space, and 20 percent of its taxable sales must be from the sale of food that qualifies for the state’s 5 percent sales tax.

“They are simply not big enough, and they don’t sell food items that are taxed at the rate that is discussed in the statute. They sell cigarettes and chips and Coke. Things like that don’t count. They don’t sell meat and vegetables and things of that nature,” he said.

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Bone McAllester Norton PLLC is a full-service law firm with 39 attorneys and offices in Nashville and Sumner County, Tennessee. Our attorneys focus on 17 distinct practice areas, providing the wide range of legal services ordinarily required by established and growing businesses and entrepreneurs. Among our practices, we represent clients in business and capital formation, mergers and acquisitions, securities matters, commercial lending and creditors’ rights, commercial real estate and development, governmental regulatory matters, commercial litigation and dispute resolution, intellectual property strategy and enforcement, entertainment and environmental matters. Our client base reflects the firm’s deep understanding and coverage of today’s leading industry and business segments. For more information, visit www.bonelaw.com.
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