Page 1 of 1 142.404 Officer and member liability for taxes due. Notwithstanding any other provision of law to the contrary, the president, vice president, <br>secretary, treasurer, manager, partner, or any other person holding any equivalent office or <br>position in any corporation, limited liability company, limited liability partnership, or <br>limited liability limited partnership subject to KRS 142.400 and 142.402 shall be <br>personally and individually liable, both jointly and severally, for the tax imposed under <br>KRS 142.400. Dissolution, withdrawal of the corporation, limited liability company, <br>limited liability partnership, or limited liability limited partnership from the state, or the <br>cessation of holding any office shall not discharge the liability of any person. The liability <br>shall attach at the time the tax becomes or became due. No person shall be held liable <br>under this section if the person did not have authority to collect, truthfully account for, or <br>pay over the tax at the time it became due. "Taxes" as used in this section shall include <br>interest accrued under KRS 131.183 and all applicable penalties imposed under this <br>chapter or KRS 131.180, 131.410 to 131.445, and 131.990. Effective: July 12, 2006 <br>History: Amended 2006 Ky. Acts ch. 149, sec. 205, effective July 12, 2006. -- Created 2005 Ky. Acts ch. 168, sec. 69, effective June 1, 2005.
Page 1 of 1 142.404 Officer and member liability for taxes due. Notwithstanding any other provision of law to the contrary, the president, vice president, <br>secretary, treasurer, manager, partner, or any other person holding any equivalent office or <br>position in any corporation, limited liability company, limited liability partnership, or <br>limited liability limited partnership subject to KRS 142.400 and 142.402 shall be <br>personally and individually liable, both jointly and severally, for the tax imposed under <br>KRS 142.400. Dissolution, withdrawal of the corporation, limited liability company, <br>limited liability partnership, or limited liability limited partnership from the state, or the <br>cessation of holding any office shall not discharge the liability of any person. The liability <br>shall attach at the time the tax becomes or became due. No person shall be held liable <br>under this section if the person did not have authority to collect, truthfully account for, or <br>pay over the tax at the time it became due. "Taxes" as used in this section shall include <br>interest accrued under KRS 131.183 and all applicable penalties imposed under this <br>chapter or KRS 131.180, 131.410 to 131.445, and 131.990. Effective: July 12, 2006 <br>History: Amended 2006 Ky. Acts ch. 149, sec. 205, effective July 12, 2006. -- Created 2005 Ky. Acts ch. 168, sec. 69, effective June 1, 2005.
Page 1 of 1 142.404 Officer and member liability for taxes due. Notwithstanding any other provision of law to the contrary, the president, vice president, <br>secretary, treasurer, manager, partner, or any other person holding any equivalent office or <br>position in any corporation, limited liability company, limited liability partnership, or <br>limited liability limited partnership subject to KRS 142.400 and 142.402 shall be <br>personally and individually liable, both jointly and severally, for the tax imposed under <br>KRS 142.400. Dissolution, withdrawal of the corporation, limited liability company, <br>limited liability partnership, or limited liability limited partnership from the state, or the <br>cessation of holding any office shall not discharge the liability of any person. The liability <br>shall attach at the time the tax becomes or became due. No person shall be held liable <br>under this section if the person did not have authority to collect, truthfully account for, or <br>pay over the tax at the time it became due. "Taxes" as used in this section shall include <br>interest accrued under KRS 131.183 and all applicable penalties imposed under this <br>chapter or KRS 131.180, 131.410 to 131.445, and 131.990. Effective: July 12, 2006 <br>History: Amended 2006 Ky. Acts ch. 149, sec. 205, effective July 12, 2006. -- Created 2005 Ky. Acts ch. 168, sec. 69, effective June 1, 2005.
