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Do I need a KY tax ID number?

There are many reasons youll need an EIN for your Kentucky business, so most businesses will need one. All businesses with multiple members, or those that plan on hiring employees, will need to get one. Youll also need one to apply for a loan, a business license or permit, or a business bank account.

Are rentals taxable in Kentucky?

Who is responsible for collecting sales tax? Sales tax is a tax on tangible personal property and digital property that is sold, leased or rented in Kentucky and selected services. It is the sellers responsibility to collect the sales tax from the customers and to remit the sales tax to the Department of Revenue.

How do I file Ky withholding online?

All employer filing frequencies are required to electronically file and pay the income tax withheld for periods beginning on or after January 1, 2022. (103 KAR 18:150) The paper version of Form K-1E has been removed from our forms library. To register and file online, please visit wraps.ky.gov.

How is accommodation tax calculated?

Accommodation Tax (AT) The AT is imposed at 2% of the accommodation charge/fee in a hotel while including other taxes and service charges except VAT.

Do I need a KY tax ID number?

There are many reasons youll need an EIN for your Kentucky business, so most businesses will need one. All businesses with multiple members, or those that plan on hiring employees, will need to get one. Youll also need one to apply for a loan, a business license or permit, or a business bank account.

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