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Two different statutes authorize local option elections, at either the county or city level, for sales of alcohol by the drink in restaurants: Kentucky Revised Statutes (KRS) 242.185(6) requires that restaurants seat at least 100 patrons and derive at least 70% of their total sales from food to be allowed to serve alcohol by the drink. (For the ...
Another plan from Rep. Thomas Massie, R-Ky., would additionally exempt tips from payroll taxes. The National Restaurant Association, which backs the end to income tax on tips, is in support of ...
The business and occupation tax (often abbreviated as B&O tax or B/O tax) is a type of tax levied by the U.S. states of Washington, West Virginia, and, as of 2010, Ohio, [1] and by municipal governments in West Virginia and Kentucky. [2] It is a type of gross receipts tax because it is levied on gross income, rather than net income.
This additional tax rate may be 1% or 2% or other amounts depending on the county in which the business is located. For example, in Marion County, the sales tax for restaurants is 9%. There is an additional 2% tax on restaurant sales in Marion County to pay for Lucas Oil Stadium and expansion of the Indiana Convention Center.
(The Center Square) – A bill that would lower Kentucky’s personal income tax rate to 3.5% starting next year sailed through the state Senate. House Bill 1 passed by a 34-3 vote and will now ...
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Alcohol tax is an excise tax, and while a sin tax or demerit tax, is a significant source of revenue for governments. The U.S. government collected $5.8 billion in 2009. [46] In history, the Whiskey Rebellion was caused by the introduction of an alcohol tax to fund the newly formed U.S. federal government.
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