Ky. Rev. Stat. § 141.387

Current through 2024 Ky. Acts ch.225

Section 141.387 - No carry forward permitted for tax credits provided by KRS 141.385 and 141.386 - Claims for credits

(1) The tax credits established by KRS 141.385 and 141.386 shall not be carried forward to a return for any other period.

(2) If an expenditure by a taxpayer qualifies for credits under more than one (1) of the provisions of KRS 141.385 and 141.386, the taxpayer may claim credit under one (1) section only.

KRS 141.387

Effective:6/26/2009
Created 2009, (1st Extra. Sess.) Ky. Acts ch. 1, sec. 71, effective6/26/2009.