| Last Action | to Appropriations & Revenue (H) |
|---|---|
| Title | AN ACT relating to estimated income tax penalties. |
| Bill Documents |
Bill
|
| Bill Request Number | 1542 |
| Sponsor | D. Keene |
| Summary of Original Version | Create new sections of KRS Chapter 141 and amend various sections of KRS Chapters 131, 141, and 154 to amend the calculation of the estimated tax penalty; clarify that no interest is due on estimated tax payments; allow for annualized income for taxpayers whose income fluctuates during the year; mimic the federal estimated tax penalty calculation as nearly as practicable; apply to taxable years beginning January 1, 2012. |
| Index Headings of Original Version |
Taxation - Income tax, estimated tax penalty, amendment to mimic federal calculation Taxation, Income--Corporate - Estimated tax penalty, amendment to mimic federal calculation Taxation, Income--Individual - Estimated tax penalty, amendment to mimic federal calculation |
| 02/09/12 |
|
|---|---|
| 02/13/12 |
|
Last updated: 8/27/2019 8:05 PM (EDT)