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Page 3 SPECIFIC INSTRUCTIONS: NET PROFITS For City/County of 0 Complete and Click Here to Print SCHEDULE N: NET PROFIT METHOD (Complete only one column, whichever is applicable) Account# NAME OF CITY.

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The Kenton County first tier rate has been changed from 0.7097% to 0.9097% with an annually adjusted maximum tax. This change is effective to the taxable year ending January 1, 2023 & all fiscal year ends thereafter. The Kenton County second tier will remain the rate of 0.1097% with an annually adjusted maximum tax.

Occupational Licensing & Net Profit Requirements Each following year you will be required to file a form NP (net profit return) and pay a fee based on 1.75% of the net profit earned from sales within the City of Danville and 1.25% of the net profit earned within the County of Boyle.

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.

What is the sales tax rate in Mayfield, Kentucky? The minimum combined 2023 sales tax rate for Mayfield, Kentucky is 6%. This is the total of state, county and city sales tax rates.

1% of the net profits of every business from activities within Nicholas County.

1% of the net profits of every business from activities within Nicholas County. (2) Each employer must withhold 1% license fee from gross wages, salaries, and commissions paid to employees for services performed within Nicholas County.

An Occupational License Fee is imposed on the wages of those employees working in Shelby County at the rate of 1% of all salaries, wages, commissions and other compensation including deferred compensation, earned for work and or services performed in the county.

1102 Paris Rd Suite 2. Mayfield, KY 42066. 270 247 3626. jperry@gravescountyky.gov.

Schedule N: Net Profit Method should be used to calculate subject earnings, (net profits) for Kenton County and any City that use fee type, net, as the method to allocate net profit earned within Kenton County and particular city, which will be used to calculate fees due.

The Net Profits License Fee tax rate is 1%. This tax is levied and imposed on the earnings of a person, association, corporation or other entity engaged in any occupation, trade, profession or other activity conducted or performed in the unincorporated area of Shelby County.

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© Copyright 1997-2025
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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