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The intangibles tax (not to be confused with the state income tax which is used to support state government) is a local tax levied on gross earnings received from intangible property such as: savings accounts. stocks. bonds. accounts receivables.
Enter: intangible taxesa lesser-known but impactful aspect of the financial world. These taxes apply to assets that are devoid of physical substance yet possess value i.e. intangible assets. They can be anything from legal rights and intellectual property to mortgages, stocks, and business goodwill.
The intangibles tax is a local tax levied on gross earnings received from intangible property such as savings accounts, stocks, bonds, accounts receivable, and mortgages.
Intangible taxes are a tax on interest and dividends that are filed with your Kansas Income Tax, Form 200. The information is forwarded to the county for taxing purposes. Riley County has a . 75% rate, while cities and townships can have an additional rate of up to 2.25%.
The minimum combined 2023 sales tax rate for Riley County, Kansas is 7.2%. This is the total of state and county sales tax rates. The Kansas state sales tax rate is currently 6.5%.
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If you live in an area that has no intangibles tax, or your tax due is less than $5, you do not have to file a Form 200. All Riley County residents are subject to intangible taxes. All of Riley County is subject to a . 75% intangible tax rate.
Enter: intangible taxesa lesser-known but impactful aspect of the financial world. These taxes apply to assets that are devoid of physical substance yet possess value i.e. intangible assets. They can be anything from legal rights and intellectual property to mortgages, stocks, and business goodwill.

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