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HB 292/FN (BR 923) - B. Yonts, T. Couch, J. Miller, T. Mills, R. Palumbo, J. Richards, S. Santoro, T. Thompson
AN ACT relating to the limited liability entity tax.
Amend KRS 141.0401 to expand the definition of "cost of goods sold" to include any costs allowed by the Internal Revenue Code; amend KRS 141.040 to conform; apply to taxable years beginning on or after January 1, 2016.
Jan 25, 2016 - introduced in House
Jan 26, 2016 - to Appropriations & Revenue (H)