Kentucky Statutes 68.246 – Rate on business inventories levied by fiscal court
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Subject to the provisions of KRS § 68.245, a county fiscal court may levy a rate on business inventories equal to or less than the prevailing rate of taxation on other tangible personal property in the respective county.
Effective: July 15, 1980
History: Created 1980 Ky. Acts ch. 319, sec. 12, effective July 15, 1980.
Effective: July 15, 1980
Terms Used In Kentucky Statutes 68.246
- Personal property: All property that is not real property.
History: Created 1980 Ky. Acts ch. 319, sec. 12, effective July 15, 1980.