2013 Kentucky Revised Statutes CHAPTER 132 - LEVY AND ASSESSMENT OF PROPERTY TAXES 132.130 Distilled spirits in bonded warehouses to be reported by proprietor or custodian.
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132.130 Distilled spirits in bonded warehouses to be reported by proprietor
or custodian.
(1)
(2)
Effective January 1, 1967, every owner, proprietor, or custodian of a bonded
warehouse or of premises under the control and supervision of the United
States Internal Revenue Service, in which distilled spirits are stored shall
between January 1 and February 1 of each year file with the Department of
Revenue a report sworn to by him showing the quantity and kind of distilled
spirits in the bonded warehouse or premises as of January 1 of that year; the
quantity and kind of spirits on which the federal tax has been paid or is due;
what distilled spirits have been removed from the bonded warehouse or
premises for transfer in bond out of this state during the preceding twelve (12)
months; the county, city, and taxing district in which such distilled spirits were
certified for taxation; the fair cash value of the distilled spirits estimated at a
price it would bring at a fair voluntary sale; and such other facts pertaining to
the distilled spirits as the department may require.
On January 1, May 1, and September 1, after the federal tax has been paid or
becomes due, or after any of the distilled spirits are removed from the bonded
warehouse or premises for transfer in bond out of this state, every owner,
proprietor, or custodian of a bonded warehouse or premises in which distilled
spirits are stored upon which taxes have accrued on assessments prior to
January 1, 1967, shall file with the Department of Revenue and the county
clerk, in which county the distilled spirits were at the time of the assessment, a
statement, sworn to by him, showing the quantity of the distilled spirits on
which the federal tax has been paid or is due; what distilled spirits have been
removed from the bonded warehouse or premises or transferred in bond out of
this state during the preceding four (4) months; the years in which such distilled
spirits were assessed for taxation; and the county, city, or taxing district in
which the distilled spirits were stored at the time of the assessment. At the
same time, all taxes and interest on such distilled spirits due the state, county,
or other taxing district shall be paid to the officers entitled to receive them. The
report required by this section shall be made whether or not any distilled spirits
are stored in the bonded warehouse or premises at the time the report is due.
Effective:June 20, 2005
History: Amended 2005 Ky. Acts ch. 85, sec. 178, effective June 20, 2005. -Repealed and reenacted 1990 Ky. Acts ch. 476, Pt. V, sec. 316, effective July
13, 1990. -- Amended 1978 Ky. Acts ch. 384, sec. 258, effective June 17, 1978.
-- Amended 1966 Ky. Acts ch. 254, sec. 1. -- Amended 1949 (1st Extra Sess.)
Ky. Acts ch. 4, sec. 4 1/2. -- Recodified 1942 Ky. Acts ch. 208, sec. 1, effective
October 1, 1942, from Ky. Stat. sec. 4105.
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