§ 143.010 Definitions for chapter
§ 143.020 Imposition of tax on severance or processing of coal
§ 143.021 Tax credit for thin seam coal
§ 143.022 Coal severance tax refund on exported coal
§ 143.023 Limitation of tax on coal severance for coal used in burning solid waste
§ 143.024 Tax incentive for purchase or severance of coal used in alternative fuel or gasification facility
§ 143.025 Determination of taxable gross value of severed coal
§ 143.030 Application for certificate of registration — Tax return — Revocation of certificate — Penalty for operation without certificate
§ 143.035 Collection and payment of tax by processor — Agreement with department
§ 143.037 Certificates or forms for verification of deduction by processor — Statement required for coal severed outside of state — Deduction prohibited for nonregistrants or untraceable purchases
§ 143.040 Administration by Department of Revenue
§ 143.050 Bond for payment — Court action on unpaid bond
§ 143.060 Filing of return — Review of department — Assessment on understatement of value
§ 143.070 Civil penalties for violation of chapter
§ 143.080 Interest
§ 143.085 Corporate officers personally liable
§ 143.090 Revenue credited to road fund and Office of Energy Policy
§ 143.100 Political subdivisions prohibited from taxing any operations relating to coal production
§ 143.990 Penalty

Terms Used In Kentucky Statutes > Chapter 143 - Coal Tax

  • Above-drainage: means coal in a coal bed that outcrops at the surface within a mine permit area and that is accessed at the outcrop location. See Kentucky Statutes 143.010
  • Attorney: means attorney-at-law. See Kentucky Statutes 446.010
  • Coal: means and includes any material composed predominantly of hydrocarbons in a solid state. See Kentucky Statutes 143.010
  • Conviction: A judgement of guilt against a criminal defendant.
  • Department: means the Department of Revenue. See Kentucky Statutes 143.010
  • Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
  • Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC
  • Misdemeanor: Usually a petty offense, a less serious crime than a felony, punishable by less than a year of confinement.
  • Processing: includes cleaning, breaking, sizing, dust allaying, treating to prevent freezing, or loading or unloading for any purpose. See Kentucky Statutes 143.010
  • Registered taxpayer: means a taxpayer who holds a valid coal tax certificate of registration required under KRS 143. See Kentucky Statutes 143.010
  • Related party: means two (2) or more persons, organizations, or businesses owned or controlled directly or indirectly by the same interest. See Kentucky Statutes 143.010
  • Reporting period: means the period for which each taxpayer shall compute his tax liability and remit the tax due to the department. See Kentucky Statutes 143.010
  • severance: means the physical removal of coal from the earth. See Kentucky Statutes 143.010
  • Ton: means a short ton of 2,000 pounds. See Kentucky Statutes 143.010
  • Transportation expense: means :
    1. See Kentucky Statutes 143.010