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EMPLOYER'S RETURN of LICENSE FEE WITHHELD Form
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People also ask
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What is the occupational tax in the city of Ashland KY?
Every employer, whether for profit or non-profit, who pays salaries, wages, commissions, bonuses, incentive payments, tips, or any other taxable compensation to an employee for work performed within the City of Ashland is required to withhold and remit to the City of Ashland a 2% license fee. -
What is the tax in Ashland Kentucky?
What is the sales tax rate in Ashland, Kentucky? The minimum combined 2023 sales tax rate for Ashland, Kentucky is 6%. This is the total of state, county and city sales tax rates. The Kentucky sales tax rate is currently 6%. -
What is the occupational tax in Kentucky?
For tax periods prior to January 1, 2023, the tax is 1.49% of the gross compensation paid. Beginning January 1, 2023, the tax is 1.65% of the gross compensation paid. -
How much is a business license in Ashland KY?
The fee for the initial license is determined by the month the entity initiates business. Thereafter, the annual minimum fee is $100.00. -
What is the occupational tax in Winchester KY?
Clark County levies a local occupational license tax at the rate of 1.5% on both business net profits and salaries/wages of employees. The city of Winchester levies a 2.0% occupational license tax on the salaries/wages of employees. -
What is the employment tax in Lexington KY?
Fayette County levies a local occupational license tax at the rate of 2.25% on salaries/wages and business net profits. -
What is the occupational tax in Henderson KY?
Additional Responsibilities of Businesses with Employees: Withhold 1.49% tax from gross wages, salaries, and commissions, before any deductions, paid to employees on income earned within the City of Henderson. -
What is the occupational tax in Kentucky?
For tax periods prior to January 1, 2023, the tax is 1.49% of the gross compensation paid. Beginning January 1, 2023, the tax is 1.65% of the gross compensation paid.
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