Georgetown Net Profit License Tax Return Form
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People also ask
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What is the local tax in Hopkins County Kentucky?
What is the sales tax rate in Hopkins County? The minimum combined 2023 sales tax rate for Hopkins County, Kentucky is 6%. This is the total of state and county sales tax rates. The Kentucky state sales tax rate is currently 6%. -
What is the income tax rate in Georgetown Kentucky?
Kentucky does not levy a franchise tax. Kentucky has a flat income tax rate of 5% on net income. -
What is Hopkins County net profit license fee return?
The maximum amount of Net Profit per licensee to which this fee applies is $500,000, creating a maximum liabilty of $2,500 per year. In addition, if the Net Profit for a single licensee is less than $2,500 for one (1) year, no license fee will be due for that year. -
What is the net profit license fee return in Shelby County Kentucky?
The Net Profits License Fee tax rate is 1%. This tax is levied and imposed on the earnings of a person, association, corporation or other entity engaged in any occupation, trade, profession or other activity conducted or performed in the unincorporated area of Shelby County. -
What is the net profit license fee in Kentucky?
An Annual Net Profit License Fee is levied on all persons, fiduciaries, corporations, and associations engaged in the occupation, trade, profession or other business earned for work performed within the city. The rate is equal to the greater of 1.95% of the net profit or $60. -
What is the net profit license fee return in Boyle County KY?
Occupational Licensing & Net Profit Requirements Each following year you will be required to file a form NP (net profit return) and pay a fee based on 1.75% of the net profit earned from sales within the City of Danville and 1.25% of the net profit earned within the County of Boyle.
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