§ 143A.010 Definitions for chapter
§ 143A.020 Levy of natural resources severance and processing tax — Application of tax
§ 143A.025 Natural gas severance incentives
§ 143A.030 Exemptions
§ 143A.033 Credit for production from recovered inactive natural gas well
§ 143A.035 Credit against tax imposed on severed or processed limestone
§ 143A.036 Limitation on tax on limestone used in manufacture of cement
§ 143A.037 Limitation of tax on clay — Credit for clay used in landfills
§ 143A.040 Department of Revenue to administer tax
§ 143A.050 Certificate of registration required
§ 143A.060 Collection of tax — Agreement for processor to pay tax due from severor — Provisions applicable to natural gas
§ 143A.070 Bond of taxpayer may be required
§ 143A.080 Monthly reporting and payment, exception
§ 143A.090 Extension of time for filing return or paying tax, interest
§ 143A.100 Audit — Additional assessment — Determination of liability when business discontinued — Statute of limitations
§ 143A.110 Interest on past due taxes
§ 143A.120 Offset of overpayments against underpayments
§ 143A.130 Taxpayer required to keep records
§ 143A.140 Refund or credit — Form for claim
§ 143A.990 Civil penalties for violation of chapter
§ 143A.991 Penalties
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Terms Used In Kentucky Statutes > Chapter 143A - Natural Resources Severance and Processing Taxes

  • Conviction: A judgement of guilt against a criminal defendant.
  • Department: means the Department of Revenue. See Kentucky Statutes 143A.010
  • Executor: A male person named in a will to carry out the decedent
  • 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.
  • 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.
  • 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
  • Natural resource: means all forms of minerals including but not limited to rock, stone, limestone, shale, gravel, sand, clay, natural gas, and natural gas liquids which are contained in or on the soils or waters of this state. See Kentucky Statutes 143A.010
  • Oath: A promise to tell the truth.
  • Processing: includes but is not limited to breaking, crushing, cleaning, drying, sizing, or loading or unloading for any purpose. See Kentucky Statutes 143A.010
  • severed: means the physical removal of the natural resource from the earth or waters of this state by any means. See Kentucky Statutes 143A.010