2006 Kentucky Revised Statutes - .700   Collection of tax by out-of-state retailer.

139.700 Collection of tax by out-of-state retailer. The department may, in its discretion, upon application authorize the collection of the tax imposed herein by any retailer not engaged in business within this state who, to the satisfaction of the department furnishes adequate security to insure collection and payment of the tax. Such retailer shall be issued a permit to collect such tax in such manner, and subject to such regulation and agreements as the department shall prescribe. When so authorized, it shall be the duty of such retailer to collect the tax upon all tangible personal property sold to his knowledge for use within this state, in the same manner and subject to the same requirements as a retailer engaged in business within this state. Effective: June 20, 2005 History: Amended 2005 Ky. Acts ch. 85, sec. 440, effective June 20, 2005. -- Created 1960 Ky. Acts ch. 5, Art. I, sec. 67, effective February 5, 1960. 2006-2008 Budget Reference. See State/Executive Branch Budget, 2006 Ky. Acts ch. 252, Pt. III, 23., at 1400; and State/Executive Branch Budget Memorandum, 2006 Ky. Acts ch. 257, at 1607 (Final Budget Memorandum, at 66). 2004-2006 Budget Reference. See State/Executive Branch Budget, 2005 Ky. Acts ch. 173, pt. III, 25., at 3146; and State/Executive Branch Budget Memorandum, 2005 Ky. Acts ch. 170, at 1611 (Final Budget Memorandum, at 48).