Kentucky Statutes 131.400 – Definitions — Amnesty period — Tax liabilities and taxable periods eligible
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(1) KRS § 131.410 to KRS § 131.445 shall be known as and may be cited as the “Kentucky
Tax Amnesty Act.”
(2) As used in KRS § 131.410 to KRS § 131.445:
(a) “Account receivable” means an amount of state or federal tax, penalty, fee, or interest which has been recorded as due and entered in the account records of the department, or which the taxpayer should reasonably expect to become due as a direct or indirect result of any pending or completed audit or investigation which the taxpayer knows is being conducted by any federal or state government taxing authority;
(b) “Amnesty period” means the period of time established pursuant to subsection (3) of this section during which a taxpayer may apply for tax amnesty;
(c) “Due and owing” means an assessment which has become final and is owed to the Commonwealth due to either the expiration of the taxpayer’s appeal rights pursuant to KRS § 131.110 or, if an assessment has been appealed, the issuance of a final order by the board or by any court of this Commonwealth. For the purposes of KRS § 131.410 to KRS § 131.445, assessments that have been appealed shall be final, due and owing fifteen (15) days after the last unappealed or unappealable order sustaining the assessment or any part thereof has become final;
(d) “Federal government” means either the United States Department of the
Treasury or the Internal Revenue Service; and
(e) “Taxpayer” means any individual, partnership, joint venture, association, corporation, receiver, trustee, guardian, executor, administrator, fiduciary, limited liability company, limited liability partnership, or any other entity of any kind subject to any tax set forth in subsection (3) of this section or any person required to collect any such tax under subsection (3) of this section.
(3) Notwithstanding the provisions of any other law to the contrary, a tax amnesty program shall be conducted for a period of sixty (60) days, beginning on October 1, 2022, and ending on November 29, 2022. The program shall be available to all taxpayers owing:
(a) Taxes, penalties, fees, or interest subject to the administrative jurisdiction of the department, with the exception of:
1. Ad valorem taxes levied on real property pursuant to KRS Chapter
132;
2. Ad valorem taxes on motor vehicles and motorboats collected by the county clerks;
3. Ad valorem taxes on personal property levied pursuant to KRS Chapter 132 that are payable to local officials; and
4. Any penalties imposed under KRS § 131.630 or 138.205; and
(b) Federal taxes, penalties, fees, or interest referred to the department from the federal government for collection purposes.
(4) If the department is unable to secure a successful bid for the procurement of services under KRS § 131.435, the department shall implement a tax amnesty program during a sixty (60) day period similar to the period established in subsection (3) of this section, except that the sixty (60) day period shall be held during the calendar year 2023.
(5) The program shall apply to tax liabilities for taxable periods ending or transactions occurring on or after October 1, 2011, but prior to December 1,
2021, and any federal tax liability referred to the department.
Effective:April 14, 2022
History: Amended 2022 Ky. Acts ch. 212, sec. 33, effective April 14, 2022. — Amended 2012 Ky. Acts ch. 110, sec. 1, effective April 11, 2012. — Amended
2005 Ky. Acts ch. 85, sec. 135, effective June 20, 2005. — Amended 2002 Ky. Acts ch. 366, sec. 1, effective July 15, 2002. — Created 1988 Ky. Acts ch. 322, sec. 1, effective July 15, 1988.
Tax Amnesty Act.”
Terms Used In Kentucky Statutes 131.400
- Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
- Company: may extend and be applied to any corporation, company, person, partnership, joint stock company, or association. See Kentucky Statutes 446.010
- Department: means the Department of Revenue. See Kentucky Statutes 131.010
- Executor: A male person named in a will to carry out the decedent
- Federal: refers to the United States. See Kentucky Statutes 446.010
- Fiduciary: A trustee, executor, or administrator.
- Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- Partnership: includes both general and limited partnerships. See Kentucky Statutes 446.010
- Personal property: All property that is not real property.
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
- State: when applied to a part of the United States, includes territories, outlying possessions, and the District of Columbia. See Kentucky Statutes 446.010
- Taxpayer: means any person required or permitted by law or administrative regulation to perform any act subject to the administrative jurisdiction of the department including the following:
(a) File a report, return, statement, certification, claim, estimate, declaration, form, or other document. See Kentucky Statutes 131.010 - Trustee: A person or institution holding and administering property in trust.
- Year: means calendar year. See Kentucky Statutes 446.010
(2) As used in KRS § 131.410 to KRS § 131.445:
(a) “Account receivable” means an amount of state or federal tax, penalty, fee, or interest which has been recorded as due and entered in the account records of the department, or which the taxpayer should reasonably expect to become due as a direct or indirect result of any pending or completed audit or investigation which the taxpayer knows is being conducted by any federal or state government taxing authority;
(b) “Amnesty period” means the period of time established pursuant to subsection (3) of this section during which a taxpayer may apply for tax amnesty;
(c) “Due and owing” means an assessment which has become final and is owed to the Commonwealth due to either the expiration of the taxpayer’s appeal rights pursuant to KRS § 131.110 or, if an assessment has been appealed, the issuance of a final order by the board or by any court of this Commonwealth. For the purposes of KRS § 131.410 to KRS § 131.445, assessments that have been appealed shall be final, due and owing fifteen (15) days after the last unappealed or unappealable order sustaining the assessment or any part thereof has become final;
(d) “Federal government” means either the United States Department of the
Treasury or the Internal Revenue Service; and
(e) “Taxpayer” means any individual, partnership, joint venture, association, corporation, receiver, trustee, guardian, executor, administrator, fiduciary, limited liability company, limited liability partnership, or any other entity of any kind subject to any tax set forth in subsection (3) of this section or any person required to collect any such tax under subsection (3) of this section.
(3) Notwithstanding the provisions of any other law to the contrary, a tax amnesty program shall be conducted for a period of sixty (60) days, beginning on October 1, 2022, and ending on November 29, 2022. The program shall be available to all taxpayers owing:
(a) Taxes, penalties, fees, or interest subject to the administrative jurisdiction of the department, with the exception of:
1. Ad valorem taxes levied on real property pursuant to KRS Chapter
132;
2. Ad valorem taxes on motor vehicles and motorboats collected by the county clerks;
3. Ad valorem taxes on personal property levied pursuant to KRS Chapter 132 that are payable to local officials; and
4. Any penalties imposed under KRS § 131.630 or 138.205; and
(b) Federal taxes, penalties, fees, or interest referred to the department from the federal government for collection purposes.
(4) If the department is unable to secure a successful bid for the procurement of services under KRS § 131.435, the department shall implement a tax amnesty program during a sixty (60) day period similar to the period established in subsection (3) of this section, except that the sixty (60) day period shall be held during the calendar year 2023.
(5) The program shall apply to tax liabilities for taxable periods ending or transactions occurring on or after October 1, 2011, but prior to December 1,
2021, and any federal tax liability referred to the department.
Effective:April 14, 2022
History: Amended 2022 Ky. Acts ch. 212, sec. 33, effective April 14, 2022. — Amended 2012 Ky. Acts ch. 110, sec. 1, effective April 11, 2012. — Amended
2005 Ky. Acts ch. 85, sec. 135, effective June 20, 2005. — Amended 2002 Ky. Acts ch. 366, sec. 1, effective July 15, 2002. — Created 1988 Ky. Acts ch. 322, sec. 1, effective July 15, 1988.