Kentucky Statutes 139.500 – Exemption from use tax of property subject to sales or gasoline tax
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(1) The storage, use, or other consumption in this state of property, the gross receipts from the sale of which are required to be included in the measure of the tax levied under KRS § 139.200 is not subject to the use tax.
(2) The storage, use, or other consumption in this state of gasoline or special fuels on which the tax under KRS Chapter 138 has been paid and which is not subject to refund under KRS § 138.341, 138.344, 138.445, 279.200, or 279.530 shall not be subject to the use tax.
Effective: July 13, 1990
History: Amended 1990 Ky. Acts ch. 414, sec. 3, effective July 13, 1990. — Created
1960 Ky. Acts ch. 5, Art. I, sec. 48, effective February 5, 1960.
(2) The storage, use, or other consumption in this state of gasoline or special fuels on which the tax under KRS Chapter 138 has been paid and which is not subject to refund under KRS § 138.341, 138.344, 138.445, 279.200, or 279.530 shall not be subject to the use tax.
Terms Used In Kentucky Statutes 139.500
- consumption: as used in this chapter , shall not include the sale, use, storage, or other consumption of:
(1) Locomotives or rolling stock, including materials for the construction, repair, or modification thereof, or fuel or supplies for the direct operation of locomotives and trains, used or to be used in interstate commerce. See Kentucky Statutes 139.480 - Sale: includes but is not limited to:
1. See Kentucky Statutes 139.010 - State: when applied to a part of the United States, includes territories, outlying possessions, and the District of Columbia. See Kentucky Statutes 446.010
- Storage: includes any keeping or retention in this state for any purpose except sale in the regular course of business or subsequent use solely outside this state of tangible personal property, digital property, or prewritten computer software access services purchased from a retailer. See Kentucky Statutes 139.010
- Use: includes the exercise of:
1. See Kentucky Statutes 139.010
Effective: July 13, 1990
History: Amended 1990 Ky. Acts ch. 414, sec. 3, effective July 13, 1990. — Created
1960 Ky. Acts ch. 5, Art. I, sec. 48, effective February 5, 1960.