139.471 Transactions excluded from additional tax. Excluded from the additional taxes imposed by KRS 139.200 and 139.310 are gross <br>receipts: <br>(1) Derived from sales of and the storage, use, or other consumption of tangible personal property purchased for use in the performance of a lump-sum, fixed-fee <br>contract executed on or before March 9, 1990; (2) Derived from sales made under fixed price sales contracts executed on or before March 9, 1990, provided the contract specifies a five percent (5%) sales tax rate; <br>and (3) Derived from a lease or rental agreement entered into on or before March 9, 1990. Effective: July 1, 2007 <br>History: Amended 2007 Ky. Acts ch. 141, sec. 20, effective July 1, 2007. -- Created 1990 Ky. Acts ch. 476, Pt. VII A, sec. 623, effective July 1, 1990.
139.471 Transactions excluded from additional tax. Excluded from the additional taxes imposed by KRS 139.200 and 139.310 are gross <br>receipts: <br>(1) Derived from sales of and the storage, use, or other consumption of tangible personal property purchased for use in the performance of a lump-sum, fixed-fee <br>contract executed on or before March 9, 1990; (2) Derived from sales made under fixed price sales contracts executed on or before March 9, 1990, provided the contract specifies a five percent (5%) sales tax rate; <br>and (3) Derived from a lease or rental agreement entered into on or before March 9, 1990. Effective: July 1, 2007 <br>History: Amended 2007 Ky. Acts ch. 141, sec. 20, effective July 1, 2007. -- Created 1990 Ky. Acts ch. 476, Pt. VII A, sec. 623, effective July 1, 1990.
139.471 Transactions excluded from additional tax. Excluded from the additional taxes imposed by KRS 139.200 and 139.310 are gross <br>receipts: <br>(1) Derived from sales of and the storage, use, or other consumption of tangible personal property purchased for use in the performance of a lump-sum, fixed-fee <br>contract executed on or before March 9, 1990; (2) Derived from sales made under fixed price sales contracts executed on or before March 9, 1990, provided the contract specifies a five percent (5%) sales tax rate; <br>and (3) Derived from a lease or rental agreement entered into on or before March 9, 1990. Effective: July 1, 2007 <br>History: Amended 2007 Ky. Acts ch. 141, sec. 20, effective July 1, 2007. -- Created 1990 Ky. Acts ch. 476, Pt. VII A, sec. 623, effective July 1, 1990.
