Download as PDF
139.496 Exemption of certain sales.
(1)
(2)
Notwithstanding any other provisions of this chapter, the taxes imposed herein
do not apply to the first one thousand dollars ($1,000) of sales made in any
calendar year by individuals or nonprofit organizations not engaged in the
business of selling. This exemption is limited to the following types of
transactions or activities:
(a) Garage or yard sales of household items by an individual or family which
are in no way associated with or related to the operation of a business;
(b) Fundraising event held by nonprofit civic, governmental, or other nonprofit
organizations, except as set forth in KRS 139.497.
The exemption does not apply to activities in which all or substantially all the
household goods of a person are offered for sale or where nonprofit
organizations conduct regular selling activities in competition with private
business.
Effective:July 1, 1990
History: Amended 1990 Ky. Acts ch. 476, Pt. V, sec. 360; and Pt. VII A, sec. 624,
effective July 1, 1990. -- Amended 1984 Ky. Acts ch. 331, sec. 2, effective July
13, 1984. -- Created 1976 Ky. Acts ch. 77, Pt. III, sec. 3, effective July 1, 1976.
Legislative Research Commission Note (7/13/90). The amendment to this
section contained in Section 624 of Acts ch. 476 prevails over its repeal and
reenactment in Section 360 of that Act, pursuant to Section 653(1) of the Act.
Disclaimer: These codes may not be the most recent version. Kentucky may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
