Get 2006 Tax Form For City Of Owensboro

Form OL-3 is a tax form used by any entity with a business nexus in Louisville/Jefferson County to file and pay the Occupational Tax Rate of 2.2% (resident rate) or 1.45% (non-resident rate).

The local occupancy tax, also known as the hotel/motel tax, is a tax imposed by local governments on the privilege of occupancy in any hotel or similar place that provides accommodations for transients. This tax has historically been collected by local governments.

The tax rate on the city return is 1.78%** of net profit earned in Owensboro. *The minimum license fee may vary for special fee types.

The 6% sales tax rate in Owensboro consists of 6% Kentucky state sales tax. There is no applicable county tax, city tax or special tax.

Every person, association, corporation, or other business entity engaging in an occupation, business, trade, or profession is required to file and pay occupational license tax. Business activity includes rental property, sole proprietorships, partnerships, and corporations.

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

Compute tax on wages using the 5% Kentucky flat tax rate to determine gross annual Kentucky tax. Divide the gross annual Kentucky tax by the number of annual pay periods to determine the Kentucky withholding tax for the pay period.

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.