In every case, any tax not paid on or before the due date shall bear interest at the tax interest rate as defined in KRS 131.010(6) from the date due until the date of payment.
KRS 139.650
Interest on overdue tax
Known as the Uniform Sales and Use Tax Administration Act
The act spans §§ 139–139 (145 sections).
Applied in 2 court decisions — leading case Kentucky Board of Tax Appeals v. Brown Hotel Co. (1975)
Most recently applied in Department of Revenue v. To Your Door Pizza, Inc. (November 1983)
Effective: July 1, 1982 History: Amended 1982 Ky
Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.