VATupdate

Kentucky Enacts Tax Amnesty Program, Expands Sales and Use Tax, and Updates IRC Conformity

The Kentucky General Assembly enacted H.B. 8 on April 13, 2022, overriding the governor’s veto on the bill. Effective January 1, 2023, the legislation enacts a one-time, 60-day long tax amnesty program and imposes sales and use taxes on numerous services.

Source: BDO

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