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The business and occupation tax (often abbreviated as B&O tax or B/O tax) is a type of tax levied by the U.S. states of Washington, West Virginia, and, as of 2010, Ohio, [1] and by municipal governments in West Virginia and Kentucky. [2] It is a type of gross receipts tax because it is levied on gross income, rather than net income.
Clay County is a county located in the U.S. state of Kentucky. As of the 2020 census, the county population was 20,345. Clay County Kentucky is part of the Corbin Kentucky Micropolitan statistical area. [1] Its county seat is Manchester. [2] The county was formed in 1807 and named in honor of Green Clay (1757–1826). [3]
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Clay County had the highest poverty level among the 10 poorest counties at 35.9%, the Census Bureau reports, compared to Kentucky’s statewide poverty level of 16.5%. Wolfe County had the lowest ...
A bill to put Kentucky on a path to no income tax at all, like neighboring Tennessee, was passed earlier this year. KY’s personal income tax rate is going down. Here’s how much and why.
Various state and local taxing authorities in the US require an employer or the employee to withhold and remit a tax on the wages paid to an employee. Some states require both the employer and employee to remit a portion of the total occupational privilege tax (OPT), while others only require one or the other to do so. [1]
A Lexington economic development board gave preliminary approval Tuesday to a suite of local incentives that could total millions.
Manchester is a home rule-class city [3] in Clay County, Kentucky, in the United States. Manchester is part of the Corbin KY Micropolitan area, as is the entirety of Clay County, and is the seat of its county [4] and the home of a minimum- and medium-security federal prison. The city's population was 1,255 at the 2010 census.