|to Appropriations & Revenue (H)
|AN ACT relating to the individual income tax.
|Bill Request Number
|Summary of Original Version
|Create a new section in KRS Chapter 141 to exclude from individual income tax for eight consecutive calendar quarters the amount of wages paid by a qualifying new small business that has no more than five employees and registers with the department; make conforming changes to KRS 141.010 and 141.310.
|Index Headings of Original Version
Taxation - Individual income, exempts wages paid by a new small business with five or fewer employees
Taxation, Income--Individual - Exempt wages paid by a new small business with five or fewer employees
Last updated: 8/28/2019 8:17 AM (EDT)