Kentucky Statutes 139.496 – Exemption of certain sales
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(1) The taxes imposed in this chapter do not apply to the first one thousand dollars ($1,000) of sales made in any calendar year by individuals not engaged in the business of selling. This exemption is limited to garage or yard sales of household items by an individual or family which are in no way associated with or related to the operation of a business.
(2) The exemption does not apply to activities in which all or substantially all the household goods of a person are offered for sale.
Effective: June 27, 2019
History: Amended 2019 Ky. Acts ch. 151, sec. 30, effective June 27, 2019. — Amended
1990 Ky. Acts ch. 476, Pt. V, sec. 360; and Pt. VII A, sec. 624, effective July 1,
1990. — Amended 1984 Ky. Acts ch. 331, sec. 2, effective July 13, 1984. — Created
1976 Ky. Acts ch. 77, Pt. III, sec. 3, effective July 1, 1976.
Legislative Research Commission Note (6/27/2019). Section 82 of 2019 Ky. Acts ch.
151 states that the amendments to this statute made in Section 30 of that Act apply to transactions occurring on or after July 1, 2019.
Legislative Research Commission Note (7/13/90). The amendment to this section contained in Section 624 of Acts ch. 476 prevails over its repeal and reenactment in Section 360 of that Act, pursuant to Section 653(1) of the Act.
(2) The exemption does not apply to activities in which all or substantially all the household goods of a person are offered for sale.
Terms Used In Kentucky Statutes 139.496
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
- Business: includes any activity engaged in by any person or caused to be engaged in by that person with the object of gain, benefit, or advantage, either direct or indirect. See Kentucky Statutes 139.010
- Person: includes any individual, firm, copartnership, joint venture, association, social club, fraternal organization, corporation, estate, trust, business trust, receiver, trustee, syndicate, cooperative, assignee, governmental unit or agency, or any other group or combination acting as a unit. See Kentucky Statutes 139.010
- Sale: includes but is not limited to:
1. See Kentucky Statutes 139.010 - Statute: A law passed by a legislature.
- Year: means calendar year. See Kentucky Statutes 446.010
Effective: June 27, 2019
History: Amended 2019 Ky. Acts ch. 151, sec. 30, effective June 27, 2019. — Amended
1990 Ky. Acts ch. 476, Pt. V, sec. 360; and Pt. VII A, sec. 624, effective July 1,
1990. — Amended 1984 Ky. Acts ch. 331, sec. 2, effective July 13, 1984. — Created
1976 Ky. Acts ch. 77, Pt. III, sec. 3, effective July 1, 1976.
Legislative Research Commission Note (6/27/2019). Section 82 of 2019 Ky. Acts ch.
151 states that the amendments to this statute made in Section 30 of that Act apply to transactions occurring on or after July 1, 2019.
Legislative Research Commission Note (7/13/90). The amendment to this section contained in Section 624 of Acts ch. 476 prevails over its repeal and reenactment in Section 360 of that Act, pursuant to Section 653(1) of the Act.