If any retailer liable for any amount under this chapter sells out his business or stock of goods, or otherwise quits business, his successors or assigns shall withhold sufficient of the purchase price to cover such amount until the former owner produces a receipt from the department showing that it has been paid or a certificate stating that no amount is due.
KRS 139.670
Withholding amount of tax liability by purchaser of business
Known as the Uniform Sales and Use Tax Administration Act
The act spans §§ 139–139 (145 sections).
Applied in 3 court decisions — leading case Revenue Cabinet v. Triple R Food A Rama (1994)
Most recently applied in LKS Pizza, Inc. v. Commonwealth Ex Rel. Rudolph (July 2005)
Effective: June 20, 2005 History: Amended 2005 Ky
How often courts cite this section
Court decisions citing this, by year. The dip in the last several years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the most recent years, so recent citations are undercounted.
Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.