| Last Action | 02/23/23: to Appropriations & Revenue (H) |
|---|---|
| Title | AN ACT relating to pass-through entity tax. |
| Bill Documents | Introduced |
| Bill Request Number | 827 |
| Sponsor | K. Fleming |
| Summary of Original Version | Create a new section of KRS Chapter 141 to allow a pass-through entity to pay the income tax due at the entity level based on tax rate established in KRS 141.020; amend KRS 141.019 to allow the applicable partners, members, or shareholders to exclude the income from the pass-through entity to avoid double taxation. |
| Index Headings of Original Version |
Taxation - Pass-through entity level tax, election Taxation, Income--Corporate - Pass-through entity level tax, election Taxation, Income--Individual - Exclusion of income, pass-through entity level tax Corporations - Pass-through entity level tax, election Partnerships - Pass-through entity level tax, election |
| 01/03/23 |
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| 02/23/23 |
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Last updated: 11/9/2023 3:03 PM (EST)