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KRS 67.773

Tax due when return filed -- Minimum and maximum liability

Effective: June 24, 2003 History: Created 2003 Ky

(1) The full amount of the unpaid tax payable by any business entity, as appears from the face of the return, shall be paid to the tax district at the time prescribed for filing the tax return, determined without regard to any extension of time for filing the return.

(2) A tax district may impose minimum and maximum tax liabilities for the tax on net profits or gross receipts.

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