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  • City Of Shively Net Profit Worksheet - City Of Shively, Ky

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**IMPORTANT** Enclose Copy of Applicable Federal Form(s) CITY OF SHIVELY NET PROFIT WORKSHEET Account # PART I: ADJUSTED NET INCOME BUSINESS INCOME A) All business entities enter the net profit or.

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The Midway Net Profits License Fee is levied at the annual rat of 2% effective April 1, 1977 of the net profits of all occupations, trades, professions or other businesses engaged in said activities in the City of Midway.

The City of Mayfield Net Profit License Fee is levied at the annual rate of 2% the first $50,000.00, plus 1% of $50,000 thru $500,000 and ½ % over $500,000 with a minimum of $100.00 of the net profits of all occupations, trades, professions or other businesses engaged in said activities in the City.

The City of Shively has a 1.50% occupational/business license fee on net profits from business conducted within the City.

1.50% Residents of Shively pay a flat city income tax of 1.50% on earned income, in addition to the Kentucky income tax and the Federal income tax.

What is a net profits license fee return? An Annual Net Profit License Fee is levied on all persons, fiduciaries, corporations, and associations engaged in the occupation, trade, profession or other business earned for work performed within the city. The rate is equal to the greater of 1.95% of the net profit or $60.

For tax periods prior to January 1, 2023, the tax is 1.49% of the gross compensation paid. Beginning January 1, 2023, the tax is 1.65% of the gross compensation paid. Forms and instructions are available at the Occupational Tax Office or may be downloaded below.

State law requires each county's Property Valuation Administrator (PVA) to assess all real property at its fair market value as of January 1st of each tax year. The City of Shively's property tax rate is approved each year by the City Council. The 2022 tax rate is $0.3540 per $100 of assessed value.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232