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How much is the Boone County occupational license fee?
The occupational license fee is measured by 8/10 of 1% (0.8%) of all wages, salaries, commissions and other compensation earned for work done or services performed or rendered in the County by a resident or nonresident employee.
How much is the occupational license fee in Shelby County?
Occupational License Requirements The application and a $75 fee is required for each separate business before commencement of business activity or in the event of a status change other than a change of address.
What are the demographics of Marion KY?
Marion, KY is home to a population of 2.88k people, from which 99.8% are citizens. As of 2021, 1.15% of Marion, KY residents were born outside of the country (33 people). In 2021, there were 38.5 times more White (Non-Hispanic) residents (2.66k people) in Marion, KY than any other race or ethnicity.
What is the net profit tax in Lexington KY?
Kentucky has a flat income tax rate of 5% on net income. Fayette County levies a local occupational license tax at the rate of 2.25% on salaries/wages and business net profits. Fayette County Schools levy a local occupational license tax at the rate of 0.5% on salaries/wages and business net profits.
What is the occupational license fee in Frankfort KY?
An Occupational License Fee is imposed on the wages of those employees working within the city limits at the rate of 1.95% of all salaries, wages, commissions and other compensation including deferred compensation, earned for work and or services performed in the city.
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For tax periods prior to January 1, 2023, the tax is 1.49% of the gross compensation paid. Beginning January 1, 2023, the tax is 1.65% of the gross compensation paid.
What is the occupational license fee in Hart County?
Rate. There is imposed on every person engaged in a business or occupation in the county a license fee equal to 0.9% or . 009 of the compensation or net profits earned in the county, not to exceed $2,000 in one year.
What is the net profits license fee return in Shelby County KY?
The Net Profit License Fee Return is due the 15th day of the 4th month following the close of the fiscal year. For example, if you operate on a calendar year, the return is due by April 15 of each year. A copy of the federal return for your business must accompany your county Net Profit Return.
Related links
Occupational Tax Ordinance
The net profit from business conducted in the county by a resident or nonresident business entity. 4. Page 5. The occupational license tax imposed in this
Feb 2, 2022 The CJKTOS project is funded by the Kentucky Department of Corrections. The authors of this report would like to thank DOC treatment program
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