Page 1 of 2 140.070 Inheritance tax rates. The tax upon transfers of property as defined in the preceding sections of this chapter <br>shall be at the following rates: <br>(1) Class A. In case the transfer is to or for the benefit of a parent, surviving spouse, child by blood, stepchild, child adopted during infancy, child adopted during <br>adulthood who was reared by the decedent during infancy or a grandchild who is the <br>issue of a child by blood, the issue of a stepchild, the issue of a child adopted during <br>adulthood who was reared by the decedent during infancy, the issue of a child <br>adopted during infancy, brother, sister, or brother or sister of the half blood, the tax, <br>subject to the provisions of KRS 140.080, shall be: <br> On its value not exceeding $20,000 ............................................................. 2% On its value exceeding $20,000, but not exceeding $30,000 ...................... 3% On its value exceeding $30,000, but not exceeding $45,000 ...................... 4% On its value exceeding $45,000, but not exceeding $60,000 ...................... 5% On its value exceeding $60,000, but not exceeding $100,000 .................... 6% On its value exceeding $100,000, but not exceeding $200,000 .................. 7% On its value exceeding $200,000, but not exceeding $500,000 .................. 8% On its value exceeding $500,000 ............................................................... 10% (2) Class B. In case the transfer is to or for the benefit of a nephew, niece, or a nephew or niece of the half blood, daughter-in-law, son-in-law, aunt or uncle, or a great-<br>grandchild who is the grandchild of a child by blood, of a stepchild or of a child <br>adopted during infancy, the tax, subject to the provisions of KRS 140.080, shall be: <br> On its value not exceeding $10,000 ............................................................. 4% On its value exceeding $10,000, but not exceeding $20,000 ...................... 5% On its value exceeding $20,000, but not exceeding $30,000 ...................... 6% On its value exceeding $30,000, but not exceeding $45,000 ...................... 8% On its value exceeding $45,000, but not exceeding $60,000 .................... 10% On its value exceeding $60,000, but not exceeding $100,000 .................. 12% On its value exceeding $100,000, but not exceeding $200,000 ................ 14% On its value exceeding $200,000 ............................................................... 16% (3) Class C. In case the transfer is to or for the benefit of any educational, religious, or other institutions, societies, or associations, or to any cities, towns, or public <br>institutions not exempted by KRS 140.060, or to any person not included in either <br>Class A or Class B, the tax, subject to the provisions of KRS 140.080 shall be: <br> On its value not exceeding $10,000 ............................................................. 6% On its value exceeding $10,000, but not exceeding $20,000 ...................... 8% On its value exceeding $20,000, but not exceeding $30,000 .................... 10% On its value exceeding $30,000, but not exceeding $45,000 .................... 12% On its value exceeding $45,000, but not exceeding $60,000 ................... . 14% On its value exceeding $60,000 ........................................ ......................... 16% Page 2 of 2 Effective: July 1, 1995 <br>History: Amended 1995 (2d Extra. Sess.) Ky. Acts ch. 2, sec. 1, effective July 1, 1995. -- Amended 1990 Ky. Acts ch. 31, sec. 1, effective July 13, 1990; and ch. 142, sec. 1, <br>effective July 13, 1990. -- Amended 1978 Ky. Acts ch. 138, sec. 1, effective June 17, <br>1978. -- Amended 1948 Ky. Acts ch. 96, sec. 1. -- Recodified 1942 Ky. Acts ch. 208, <br>sec. 1, effective October 1, 1942, from Ky. Stat. sec. 4281a-19.
Page 1 of 2 140.070 Inheritance tax rates. The tax upon transfers of property as defined in the preceding sections of this chapter <br>shall be at the following rates: <br>(1) Class A. In case the transfer is to or for the benefit of a parent, surviving spouse, child by blood, stepchild, child adopted during infancy, child adopted during <br>adulthood who was reared by the decedent during infancy or a grandchild who is the <br>issue of a child by blood, the issue of a stepchild, the issue of a child adopted during <br>adulthood who was reared by the decedent during infancy, the issue of a child <br>adopted during infancy, brother, sister, or brother or sister of the half blood, the tax, <br>subject to the provisions of KRS 140.080, shall be: <br> On its value not exceeding $20,000 ............................................................. 2% On its value exceeding $20,000, but not exceeding $30,000 ...................... 3% On its value exceeding $30,000, but not exceeding $45,000 ...................... 4% On its value exceeding $45,000, but not exceeding $60,000 ...................... 5% On its value exceeding $60,000, but not exceeding $100,000 .................... 6% On its value exceeding $100,000, but not exceeding $200,000 .................. 7% On its value exceeding $200,000, but not exceeding $500,000 .................. 8% On its value exceeding $500,000 ............................................................... 10% (2) Class B. In case the transfer is to or for the benefit of a nephew, niece, or a nephew or niece of the half blood, daughter-in-law, son-in-law, aunt or uncle, or a great-<br>grandchild who is the grandchild of a child by blood, of a stepchild or of a child <br>adopted during infancy, the tax, subject to the provisions of KRS 140.080, shall be: <br> On its value not exceeding $10,000 ............................................................. 4% On its value exceeding $10,000, but not exceeding $20,000 ...................... 5% On its value exceeding $20,000, but not exceeding $30,000 ...................... 6% On its value exceeding $30,000, but not exceeding $45,000 ...................... 8% On its value exceeding $45,000, but not exceeding $60,000 .................... 10% On its value exceeding $60,000, but not exceeding $100,000 .................. 12% On its value exceeding $100,000, but not exceeding $200,000 ................ 14% On its value exceeding $200,000 ............................................................... 16% (3) Class C. In case the transfer is to or for the benefit of any educational, religious, or other institutions, societies, or associations, or to any cities, towns, or public <br>institutions not exempted by KRS 140.060, or to any person not included in either <br>Class A or Class B, the tax, subject to the provisions of KRS 140.080 shall be: <br> On its value not exceeding $10,000 ............................................................. 6% On its value exceeding $10,000, but not exceeding $20,000 ...................... 8% On its value exceeding $20,000, but not exceeding $30,000 .................... 10% On its value exceeding $30,000, but not exceeding $45,000 .................... 12% On its value exceeding $45,000, but not exceeding $60,000 ................... . 14% On its value exceeding $60,000 ........................................ ......................... 16% Page 2 of 2 Effective: July 1, 1995 <br>History: Amended 1995 (2d Extra. Sess.) Ky. Acts ch. 2, sec. 1, effective July 1, 1995. -- Amended 1990 Ky. Acts ch. 31, sec. 1, effective July 13, 1990; and ch. 142, sec. 1, <br>effective July 13, 1990. -- Amended 1978 Ky. Acts ch. 138, sec. 1, effective June 17, <br>1978. -- Amended 1948 Ky. Acts ch. 96, sec. 1. -- Recodified 1942 Ky. Acts ch. 208, <br>sec. 1, effective October 1, 1942, from Ky. Stat. sec. 4281a-19.
Page 1 of 2 140.070 Inheritance tax rates. The tax upon transfers of property as defined in the preceding sections of this chapter <br>shall be at the following rates: <br>(1) Class A. In case the transfer is to or for the benefit of a parent, surviving spouse, child by blood, stepchild, child adopted during infancy, child adopted during <br>adulthood who was reared by the decedent during infancy or a grandchild who is the <br>issue of a child by blood, the issue of a stepchild, the issue of a child adopted during <br>adulthood who was reared by the decedent during infancy, the issue of a child <br>adopted during infancy, brother, sister, or brother or sister of the half blood, the tax, <br>subject to the provisions of KRS 140.080, shall be: <br> On its value not exceeding $20,000 ............................................................. 2% On its value exceeding $20,000, but not exceeding $30,000 ...................... 3% On its value exceeding $30,000, but not exceeding $45,000 ...................... 4% On its value exceeding $45,000, but not exceeding $60,000 ...................... 5% On its value exceeding $60,000, but not exceeding $100,000 .................... 6% On its value exceeding $100,000, but not exceeding $200,000 .................. 7% On its value exceeding $200,000, but not exceeding $500,000 .................. 8% On its value exceeding $500,000 ............................................................... 10% (2) Class B. In case the transfer is to or for the benefit of a nephew, niece, or a nephew or niece of the half blood, daughter-in-law, son-in-law, aunt or uncle, or a great-<br>grandchild who is the grandchild of a child by blood, of a stepchild or of a child <br>adopted during infancy, the tax, subject to the provisions of KRS 140.080, shall be: <br> On its value not exceeding $10,000 ............................................................. 4% On its value exceeding $10,000, but not exceeding $20,000 ...................... 5% On its value exceeding $20,000, but not exceeding $30,000 ...................... 6% On its value exceeding $30,000, but not exceeding $45,000 ...................... 8% On its value exceeding $45,000, but not exceeding $60,000 .................... 10% On its value exceeding $60,000, but not exceeding $100,000 .................. 12% On its value exceeding $100,000, but not exceeding $200,000 ................ 14% On its value exceeding $200,000 ............................................................... 16% (3) Class C. In case the transfer is to or for the benefit of any educational, religious, or other institutions, societies, or associations, or to any cities, towns, or public <br>institutions not exempted by KRS 140.060, or to any person not included in either <br>Class A or Class B, the tax, subject to the provisions of KRS 140.080 shall be: <br> On its value not exceeding $10,000 ............................................................. 6% On its value exceeding $10,000, but not exceeding $20,000 ...................... 8% On its value exceeding $20,000, but not exceeding $30,000 .................... 10% On its value exceeding $30,000, but not exceeding $45,000 .................... 12% On its value exceeding $45,000, but not exceeding $60,000 ................... . 14% On its value exceeding $60,000 ........................................ ......................... 16% Page 2 of 2 Effective: July 1, 1995 <br>History: Amended 1995 (2d Extra. Sess.) Ky. Acts ch. 2, sec. 1, effective July 1, 1995. -- Amended 1990 Ky. Acts ch. 31, sec. 1, effective July 13, 1990; and ch. 142, sec. 1, <br>effective July 13, 1990. -- Amended 1978 Ky. Acts ch. 138, sec. 1, effective June 17, <br>1978. -- Amended 1948 Ky. Acts ch. 96, sec. 1. -- Recodified 1942 Ky. Acts ch. 208, <br>sec. 1, effective October 1, 1942, from Ky. Stat. sec. 4281a-19.
