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KRS 139.720

Records required to be kept -- For how long

Known as the Uniform Sales and Use Tax Administration Act

The act spans §§ 139–139 (145 sections).

Applied in 2 court decisions — leading case Revenue Cabinet Commonwealth v. Moors Resort, Inc. (1984)

Most recently applied in Pace Membership Warehouse, Inc. v. Revenue Cabinet (March 1991)

Effective: June 27, 2019 History: Amended 2019 Ky

(1) Every seller, every retailer, and every person storing, using and otherwise consuming in this state tangible personal property, digital property, or services included in KRS 139.200 purchased from a retailer shall keep such records, receipts, invoices, and other pertinent papers in such form as the department may require.

(2) Every such seller, retailer, or person who files the returns required under this chapter shall keep such records for not less than four (4) years from the making of such records unless the department in writing sooner authorizes their destruction.

Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.