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City of florence ky occupational license

City of florence occupational license 2025

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The document is an Occupational License/Payroll Tax Application for conducting business in Boone County and the City of Florence, effective January 2013. It outlines the requirements for applicants, including a $25 fee, compliance with local fees, and necessary permits for construction. The application must be completed fully and submitted to the appropriate authorities, with processing taking 10-15 working days. Additional information is required for contractors and specific business types, including details about ownership and operations.

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Who pays occupational taxes in KY?

Every person, association, corporation, or other business entity engaging in an occupation, business, trade, or profession is required to file and pay occupational license tax. Business activity includes rental property, sole proprietorships, partnerships, and corporations.

What is the payroll tax rate in Florence KY?

Employees working within the City of Florence are to be taxed at a rate of 2.00% of their gross wages/compensation earned within the City of Florence. An annual cap on the taxable wage or compensation is set at an amount equal to the Federal Social Security maximum.

Does Florence county, SC require a business license?

The City of Florence Occupational License Ordinance states that individuals, partnerships, and corporations need a license to do business inside the citys limits. This license is referred to as a Business License.

What is the payroll tax in Florence KY?

The employee tax rate for Florence remains at 2.00 percent.

Do I need a business license in Florence, SC?

Every person engaged in any calling, business, occupation or profession within the incorporated limits of the city is required to obtain a business license.

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What is the occupational license fee in Kentucky?

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.

City of florence occupational license 2025

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