67.778 Payment of tax not delayed -- Claims for refund or credit.

222 words·~1 min read·/ky/chapter-67/67-778

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(1)No suit shall be maintained in any court to restrain or delay the collection or

payment of any tax subject to the provisions of KRS 67.750 to 67.790.

(2)Any tax collected pursuant to the provisions of KRS 67.750 to 67.790 may be

refunded or credited within two

(2)years of the date prescribed by law for the filing

of a return or the date the money was paid to the tax district, whichever is the later,

except that:

(a)In any case where the assessment period contained in KRS 67.775 has been

extended by an agreement between the business entity and the tax district, the

limitation contained in this subsection shall be extended accordingly.

(b)If the claim for refund or credit relates directly to adjustments resulting from a

federal audit, the business entity shall file a claim for refund or credit within

the time provided for in this subsection or six

(6)months from the conclusion

of the federal audit, whichever is later.

For the purposes of this subsection and subsection

(3)of this section, a return filed

before the last day prescribed by law for filing the return shall be considered as filed

on the last day.

(3)Exclusive authority to refund or credit overpayments of taxes collected by a tax

district is vested in that tax district.