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He credits Kentucky with the first tax levied exclusively on retailers. The initial tax, passed in 1930, was progressive, but was replaced in 1934 with a 3 percent flat rate tax and then was eliminated in 1936. The current Kentucky sales tax was adopted in 1960. The Commerce Clearing House credits Mississippi with the first sales tax, in 1930.
The National Nexus Program was created by the Commission in 1990 to facilitate nexus laws for companies engaged in interstate commerce. [4] One of its activities is a multistate voluntary disclosure program, which allows taxpayers with prior year liabilities to anonymously disclose those liabilities to program member States in exchange for the States limiting the number of years that back ...
The first broad-based, general sales taxes in the United States were enacted by Kentucky and Mississippi in 1930, although Kentucky repealed its sales tax in 1936. The federal government's per-gallon tax of gasoline (beginning at one cent per gallon in 1932) and per-package tax of cigarettes ($1.01 per package since 2009) are the most well ...
The official start date for electronic filing of tax year 2023 Kentucky returns began Jan. 23, according to the state's tax office. The Internal Revenue Service will begin accepting and processing ...
Sevices subject to Kentucky sales tax as of Jan. 1, 2023. The full list of services includes the following: Photography and photo finishing services. Marketing services. Telemarketing services.
Republican leaders in the General Assembly announced this week that the state’s budget has hit the required triggers to lower Kentucky’s income tax rate from 4% to 3.5%, as part of a system ...
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