There is a newer version of the Kentucky Revised Statutes
2022
2021
2020
2019
2018
Other previous versions
View our newest version here

2012 Kentucky Revised Statutes
CHAPTER 132 LEVY AND ASSESSMENT OF PROPERTY TAXES
132.028 Rate on business inventories levied by a city or urban-county government -- Exception.


KY Rev Stat § 132.028 (2012) What's This?

Download as PDF 132.028 Rate on business inventories levied by a city or urban-county government - Exception. Subject to the provisions of KRS 132.027, a city or urban-county government may levy a rate on business inventories equal to or less than the prevailing rate of taxation on other tangible personal property in the respective city or urban-county government. The tax shall not be levied upon the inventories of licensed motor vehicle dealers, which shall be taxed exclusively under the provisions of KRS 134.800 to 134.830. Effective: July 13, 1990 History: Amended 1990 Ky. Acts ch. 106, sec. 1, effective July 13, 1990. -- Created 1980 Ky. Acts ch. 319, sec. 11, effective July 15, 1980.

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.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.