160.605 Occupational tax -- Exemptions. There is hereby authorized the levy of an occupational license tax for schools on salaries, <br>wages, commissions, and other compensation of individuals for work done and services <br>performed or rendered in a county and on the net profits of all businesses, professions, or <br>occupations from activities conducted in a county. No public service company which pays <br>an ad valorem tax is required to pay an occupational license tax for schools. No <br>occupational license tax for schools shall be imposed upon or collected from any <br>insurance company, bank, trust company, combined bank and trust company, combined <br>trust, banking and title business in this state, any savings and loan association whether <br>state or federally chartered, or upon income received by members of the Kentucky <br>National Guard for active duty training, unit training assemblies, and annual field <br>training, or upon income received by precinct workers for election training or work at <br>election booths in state, county, and local primary, regular, or special election. Effective: July 15, 1998 <br>History: Amended 1998 Ky. Acts ch. 509, sec. 7, effective July 15, 1998. -- Repealed and reenacted 1990 Ky. Acts ch. 476, Pt. V, sec. 459, effective July 13, 1990. -- <br>Amended 1976 Ky. Acts ch. 104, sec. 3; and ch. 301, sec. 8. -- Created 1966 Ky. <br>Acts ch. 24, Part III, sec. 6.
160.605 Occupational tax -- Exemptions. There is hereby authorized the levy of an occupational license tax for schools on salaries, <br>wages, commissions, and other compensation of individuals for work done and services <br>performed or rendered in a county and on the net profits of all businesses, professions, or <br>occupations from activities conducted in a county. No public service company which pays <br>an ad valorem tax is required to pay an occupational license tax for schools. No <br>occupational license tax for schools shall be imposed upon or collected from any <br>insurance company, bank, trust company, combined bank and trust company, combined <br>trust, banking and title business in this state, any savings and loan association whether <br>state or federally chartered, or upon income received by members of the Kentucky <br>National Guard for active duty training, unit training assemblies, and annual field <br>training, or upon income received by precinct workers for election training or work at <br>election booths in state, county, and local primary, regular, or special election. Effective: July 15, 1998 <br>History: Amended 1998 Ky. Acts ch. 509, sec. 7, effective July 15, 1998. -- Repealed and reenacted 1990 Ky. Acts ch. 476, Pt. V, sec. 459, effective July 13, 1990. -- <br>Amended 1976 Ky. Acts ch. 104, sec. 3; and ch. 301, sec. 8. -- Created 1966 Ky. <br>Acts ch. 24, Part III, sec. 6.
160.605 Occupational tax -- Exemptions. There is hereby authorized the levy of an occupational license tax for schools on salaries, <br>wages, commissions, and other compensation of individuals for work done and services <br>performed or rendered in a county and on the net profits of all businesses, professions, or <br>occupations from activities conducted in a county. No public service company which pays <br>an ad valorem tax is required to pay an occupational license tax for schools. No <br>occupational license tax for schools shall be imposed upon or collected from any <br>insurance company, bank, trust company, combined bank and trust company, combined <br>trust, banking and title business in this state, any savings and loan association whether <br>state or federally chartered, or upon income received by members of the Kentucky <br>National Guard for active duty training, unit training assemblies, and annual field <br>training, or upon income received by precinct workers for election training or work at <br>election booths in state, county, and local primary, regular, or special election. Effective: July 15, 1998 <br>History: Amended 1998 Ky. Acts ch. 509, sec. 7, effective July 15, 1998. -- Repealed and reenacted 1990 Ky. Acts ch. 476, Pt. V, sec. 459, effective July 13, 1990. -- <br>Amended 1976 Ky. Acts ch. 104, sec. 3; and ch. 301, sec. 8. -- Created 1966 Ky. <br>Acts ch. 24, Part III, sec. 6.
