Notwithstanding any other provisions of KRS Chapters 131 to 143A, for all taxes payable directly to the Department of Revenue, the sheriff or the county clerk, the commissioner shall have authority to waive the penalty, but not interest, where it is shown to the satisfaction of the department that failure to file or pay timely is due to reasonable cause. For purposes of this section, any addition to tax provided in KRS § 141.044 and KRS § 141.305 shall be considered as penalty.
Effective: June 27, 2019

Terms Used In Kentucky Statutes 131.175

  • Commissioner: means the commissioner of revenue. See Kentucky Statutes 131.010
  • Department: means the Department of Revenue. See Kentucky Statutes 131.010
  • Reasonable cause: means an event, happening, or circumstance entirely beyond the knowledge or control of a taxpayer who has exercised due care and prudence in the filing of a return or report or the payment of moneys due the department pursuant to law or administrative regulation. See Kentucky Statutes 131.010

History: Amended 2019 Ky. Acts ch. 151, sec. 3, effective June 27, 2019. — Amended
2005 Ky. Acts ch. 85, sec. 120, effective June 20, 2005. — Amended 1990 Ky. Acts ch. 27, sec. 1, effective July 13, 1990. — Created 1986 Ky. Acts ch. 459, sec. 6, effective July 15, 1986.
Legislative Research Commission Note. Acts 1986, ch. 459, § 7, states that the provisions of this section apply to taxable years beginning after December 31, 1985.

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