Kentucky - New law modifies management fee addback and adds use tax notification requirements

April 2013

Overview

On April 4, 2013, Kentucky Governor Steve Beshear signed H.B. 440. The bill makes several changes to Kentucky law, including modifying exceptions to the related party management fee expense disallowance for corporate income tax purposes and requiring certain remote sellers to notify customers regarding use tax liability associated with items purchased for use in Kentucky.

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Peter Michalowski
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