Kentucky Revised Statutes
Includes enactments through the 2024 Regular Session
Chapter titles, centered headings, section catchlines, and explanatory notes are for informational purposes only and do not constitute any part of the law. For general laws governing construction of statutes, see KRS Chapter 446.
The KRS database was last updated on 11/22/2024
.010 Levy of inheritance tax -- Property affected -- When tax attaches.
.015 Exemption of benefits from federal government arising out of military service.
.020 Taxation of transfers made in contemplation of death -- Revocable trusts -- Presumption of contemplation -- When presumption does not apply.
.030 Taxation of contracts in contemplation of death -- Proceeds of life insurance policies -- Exemptions.
.040 Taxation of transfers by power of appointment -- When transfer deemed to take place -- Date as of which value of property determined -- Remainder interests -- Rates and exemptions.
.050 Taxation of surviving owner of a joint interest.
.055 Repealed, 1990.
.060 Exemption of transfers to educational, religious and charitable institutions, and to cities and public institutions.
.063 Exemption of annuities or other payments under employees' trusts -- Retirement annuities -- Individual retirement bonds, accounts, and annuities.
.064 Repealed, 2000.
.065 Repealed, 1978.
.070 Inheritance tax rates.
.080 Exemptions of inheritable interests.
.090 Deductions allowed from distributive shares.
.095 Credit in case same property passes again within five years.
.100 Valuation of future and contingent estates -- Taxation of life estates -- Valuation of surviving spouse's interest in trust or life estate.
.110 Taxation of contingent and defeasible estates.
.120 Taxation of gifts to fiduciaries.
.130 Levy of estate tax -- Computation -- Payment -- Administration.
.140 Payment of estate tax under protest -- Action to recover -- Refund.
.150 Repealed, 1966.
.151 Repealed, 2000.
.152 Repealed, 2000.
.160 Supervision of collection of taxes by Department of Revenue -- Limitation on actions to collect taxes.
.165 Audits, appraisals and examinations -- Finality of return and payment.
.170 Appraisal of estates -- Appointment, duties and compensation of appraisers -- Records.
.180 Reports by personal representatives and trustees.
.190 Computation of and liability for taxes.
.200 Repealed, 1946.
.210 Payment of taxes -- Discount -- Interest -- Bond for payment.
.220 Collection of taxes by personal representative or trustee -- Sale of property for tax -- Recovery of taxes from trust or life estate property.
.222 Deferred payment of inheritance tax -- Interest -- Time and method of election to defer -- Liability for deferred payments.
.224 Bond to secure installment payment of inheritance tax.
.230 Deduction of taxes from interest less than fee -- From legacy charged on real property.
.240 Repealed, 2000.
.250 Repealed, 2000.
.260 Repealed, 2000.
.265 Repealed, 2000.
.270 Appraisal and taxation of estate of nonresident -- Notification of state of domicile -- Reciprocity.
.275 Exclusion of intangible personal property held in trust, under reciprocal agreements with other states.
.280 Suits here by other states to collect taxes due -- Reciprocity.
.285 Agreement with taxing authorities of other states.
.290 Refund of tax when debts are proved after deduction of tax.
.300 Definitions for KRS 140.310 to 140.360.
.310 Assessment of agricultural or horticultural land for inheritance tax purposes.
.320 Taxation of land converted from agricultural use.
.330 Land presumed assessed at agricultural value -- Procedure when not so assessed.
.340 Reporting of qualified real estate at agricultural or horticultural value.
.350 Issuance of tax waivers -- Liens -- Procedure.
.360 Limit on reduction of taxable value.
.990 Penalties.
.991 Civil penalties for violation of chapter.