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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.
Stanford is a home rule-class city in Lincoln County, Kentucky, United States. It is one of the oldest settlements in Kentucky, having been founded in 1775. Its population was 3,487 at the 2010 census [4] and an estimated 3,686 in 2018. [5] It is the county seat of Lincoln County. [6] Stanford is part of the Danville Micropolitan Statistical Area.
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]
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Tax reform in Louisville will create more opportunities for community investment. GA must work to give Kentuckians the freedom and tools needed. Louisville's tax model needs a revamp, put money ...
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Historic Thomas Montgomery House in Stanford. Lincoln County is a county located in south-central Kentucky. As of the 2020 census, the population was 24,275. [1] Its county seat is Stanford. [2] Lincoln County is part of the Danville, KY Micropolitan Statistical Area.