136.614 Compensation to collect and timely remit excise tax.
104 words·~1 min read·
/ky/chapter-136/136-614A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
To reimburse the provider for the cost of collecting and remitting the tax imposed under KRS 136.604, the provider may deduct on each return one and three-fourths percent (1.75%) of the first one thousand dollars ($1,000) of tax due and one percent (1%) of the tax due in excess of one thousand dollars ($1,000), provided that the total reimbursement claimed per taxpayer in any month shall not exceed one thousand five hundred dollars ($1,500), if the amount due is not delinquent at the time of payment. This section does not apply to purchasers who report the tax directly to the department under KRS 136.606(2).