Tax Modernization

Governor Ernie Fletcher signed House Bill 272 on March 18, 2005. HB 272 is the most extensive reform of Kentucky's tax code in more than half a century. Governor Fletcher was joined by the bill's sponsor, House Minority Floor Leader Jeff Hoover (R-Jamestown), and bipartisan leaders from both chambers of the General Assembly. Several Kentucky taxpayers also attended the historic event, including college students, business owners and low income Kentuckians who will no longer pay state income taxes.

Text of House Bill 272

Alcoholic Beverage Tax

Corporation Income Tax

Corporation Income Tax -Limited Liability Entities

Individual Income Tax

Sales and Use Tax

Telecommunications Tax

Tobacco Taxes

Transient Room Tax

Utility Gross Receipts License Tax

Withholding Tax

A Review of Tax Law Changes Enacted by the 2005 General Assembly

Tuition Tax Credit

Tax Changes Effective as of June 1, 2005

Transient Room Tax

Cigarette Tax Increase

Alcoholic Beverage Tax Increase

Equine Breeders' Incentive Fund

Tax Changes Effective as of June 20, 2005

Withholding Tax

Tax Changes Effective as of January 1, 2006

Telecommunications Tax

Telecommunications Provider Tax Return - Form 75A002 (49K)

Telecommunications Tax Receipts Certification Fill-in Form (647K)

Authorization of Electronic Deposits Fill-in Form (575K)

Affidavit of Non-Highway Use - Form 72A007 (43K)

Corporation Income Tax - Limited Liability Entities forms 

Kentucky Sales & Use Tax Equine Breeders Supplementary Schedule  (39K)

Cigarette Tax Stamps Order Form - Form 73A404 (41K)

Cigarette Inventory Floor Tax - Form 73A421 (38K)

Monthly Report of Other Tobacco Products and Snuff - Form 73A422 (42K)