(1) Any person, individual, or corporation required by the provisions of KRS § 160.605 to KRS § 160.611 and 160.621 to 160.633 to file any return or report or furnish any information requested under the authority of KRS § 160.605 to KRS § 160.611 and 160.621 to 160.633 who fails to file such return or report or furnish such information on or before the date required shall pay a penalty in the amount of ten dollars ($10) for each failure.
(2) Any person, individual, or corporation who fails to pay, on or before the due date, any school tax authorized by KRS § 160.605 to KRS § 160.611 and 160.621 to 160.633 and levied by the district board of education shall pay a penalty of one percent (1%) per month of the amount of such tax past due until paid.

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Terms Used In Kentucky Statutes 160.648

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Corporation: may extend and be applied to any corporation, company, partnership, joint stock company, or association. See Kentucky Statutes 446.010
  • Month: means calendar month. See Kentucky Statutes 446.010

Effective: July 1, 2005
History: Amended 2004 Ky. Acts ch. 79, sec. 15, effective July 1, 2005. — Repealed and reenacted 1990 Ky. Acts ch. 476, Pt. IV, sec. 473, effective July 13, 1990. — Amended 1976 Ky. Acts ch. 127, sec. 19. — Amended 1972 Ky. Acts ch. 203, sec.
30. — Created 1966 Ky. Acts ch. 24, Part III, sec. 23.