| ||||||||||
Dr. Ronald P. Rogers CHIROPRACTOR Support for your body's natural healing capabilities 270-384-5554 Click here for details Columbia Gas Dept. GAS LEAK or GAS SMELL Contact Numbers 24 hrs/ 365 days 270-384-2006 or 9-1-1 Call before you dig Visit ColumbiaMagazine's Directory of Churches Addresses, times, phone numbers and more for churches in Adair County Find Great Stuff in ColumbiaMagazine's Classified Ads Antiques, Help Wanted, Autos, Real Estate, Legal Notices, More... |
Use tax change takes effect July 23, 2007 Some will face use tax bill when certain property purchased out-of-state is titled or registered at county court clerk's office. Boats, trailers, ATVs, trailer houses among items affected Commonwealth News Center story Beginning Monday, July 23, 2007, a procedural change will take effect when taxpayers title or register certain tangible personal property purchased outside Kentucky. Taxpayers should be prepared to pay the 6 percent use tax on items purchased at retail from out-of-state vendors such as boats, trailers, ATVs and manufactured homes, when presenting the property for titling or first-time registration with their local county clerk's office. House Bill 380, passed during the 2006 Kentucky General Assembly, authorizes local county clerks to collect the 6 percent use tax owed on tangible personal property purchased from out-of-state vendors for use in Kentucky. The use tax imposed on these purchases from out-of-state retailers is complementary to the sales tax imposed on in-state purchases to ensure equal tax treatment of retail transactions regardless of where the items are purchased. If proper documentation is provided, the clerk will allow credit for the out-of-state sales tax previously paid on the property or accept any applicable sales and use tax exemptions that may apply to the specific property being presented for processing by the clerk. This new procedure allows taxpayers to pay their tax liability in a timely manner rather than paying interest and possible penalties when contacted by the Department of Revenue after titling and/or first-time registration has occurred.For further information on the collection of use tax on out-of-state purchases of tangible personal property, please call the Division of Sales and Use Tax at (502)564-5170 or e-mail at KRCWebresponseSalesTax@ky.gov. This story was posted on 2007-07-18 19:52:54
Printable: this page is now automatically formatted for printing.
Have comments or corrections for this story? Use our contact form and let us know. More articles from topic News:
Adair Co. Board of Education July 19, 2007 agenda Emily Griffitt Anderson murder: Day 5 ends with no verdict Feedback: Caitlyn made awesome double play Friends HELPING Friends fundraiser for Jaremy, Aug. 11, all day John Adair Intermediate Open House is Mon., Aug. 6, 2007 Springhill Plantation marks long history with Civil War drama Letter: Regardless of size of gift, nothing will go unappreciated Emily Griffitt Anderson murder: No verdict at lunch Columbia P&R Board 2nd July 2007 meeting agenda Emily Griffitt Anderson murder: Tension grows. Jury in 5th day View even more articles in topic News |
|
||||||||
| ||||||||||
Quick Links to Popular Features
Looking for a story or picture? Try our Photo Archive or our Stories Archive for all the information that's appeared on ColumbiaMagazine.com. | ||||||||||
Contact us: Columbia Magazine and columbiamagazine.com are published by Linda Waggener and Pen Waggener, PO Box 906, Columbia, KY 42728. Please use our contact page, or send questions about technical issues with this site to webmaster@columbiamagazine.com. All logos and trademarks used on this site are property of their respective owners. All comments remain the property and responsibility of their posters, all articles and photos remain the property of their creators, and all the rest is copyright 1995-Present by Columbia Magazine. Privacy policy: use of this site requires no sharing of information. Voluntarily shared information may be published and made available to the public on this site and/or stored electronically. Anonymous submissions will be subject to additional verification. Cookies are not required to use our site. However, if you have cookies enabled in your web browser, some of our advertisers may use cookies for interest-based advertising across multiple domains. For more information about third-party advertising, visit the NAI web privacy site.
|