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Beginning Jan. 1, 2023, the state’s income tax is set to drop to 4.5%, and the bill’s supporters in the General Assembly have plans to approve additional 0.5% reductions if they deem the state ...
The COVID-19 pandemic was confirmed to have reached the U.S. Commonwealth of Kentucky on March 6, 2020, when Governor Andy Beshear's office announced the first confirmed case in Cynthiana, Kentucky, and declared a state of emergency to ensure all entities had the necessary response resources.
Full map including municipalities. State, territorial, tribal, and local governments responded to the COVID-19 pandemic in the United States with various declarations of emergency, closure of schools and public meeting places, lockdowns, and other restrictions intended to slow the progression of the virus.
The Republican-led state House passed and sent to the Senate a bill that would lower the individual income tax rate by a half-percentage point to 3.5%, effective in 2026. Democratic Gov. Andy Beshear has signaled support for it. If enacted, it would be the state's third tax rate cut since 2023.
Despite past proposals for a sales tax holiday, the Kentucky legislature has not passed them. These states do have tax-free holidays. Kentucky doesn't have a tax-free day for back to school.
Louisiana has a 4.45% state sales tax as of 1 July 2018. [118] The state sales tax is not charged on unprepared food. There are also taxes on the parish (county) level and some on the city levels, Baton Rouge has a 5% sales tax. [119] Parishes may add local taxes up to 5%, while local jurisdictions within parishes may add more.
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The Marketplace Fairness Act of 2013 would authorize each member state under the Streamlined Sales and Use Tax Agreement (the multi-state agreement for the administration and collection of sales and use taxes adopted on November 12, 2002) to require all sellers not qualifying for a small-seller exception (applicable to sellers with annual gross ...