- Kentucky DOR released Sales Tax Facts publication
- Guidance on recent tax law changes and tax treatment of retail transactions
- Gross receipts exemption for taxable services will increase to $12,000 from $6,000 by Jan. 1, 2025
- Exemption does not apply to retailers selling tangible personal property or certain services
- New exemption for sale, purchase, use, storage, installation, repair, and replacement of certain items starting July 15
Source: news.bloombergtax.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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