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  • Ky Dor Form 62a500 2023

Get Ky Dor Form 62a500 2023-2025

62A500 (0523)FOR OFFICIAL USE ONLY County CodeCommonwealth of Kentucky DEPARTMENT OF REVENUE Station 322023 TANGIBLE PERSONALT/PROPERTY TAX RETURNAMENDED RETURN Check box see page 7 for specific instructions on.

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The 1½ cent per $100 tax rate applies to accounts receivable and “any other intangible property rights arising out of or created in the course of regular and continuing business transactions substantially performed outside this state” (KRS 132.020).

Tangible personal property includes equipment, supplies, and any other property (including information technology systems) other than that is defined as an intangible property. It does not include copyrights, patents, and other intellectual property that is generated or developed (rather than acquired) under an award.

All mobile homes and recreational vehicles located within Kentucky on January 1 each year are subject to all property tax levies applicable to other property subject to full state and local rates.

Over the years, the State real property tax rate has declined from 31.5 cents per $100 of assessed valuation to 12.2 cents due to this statutory provision....House Bill 44. 2019 Real Property Assessment​$50,000,000​2019 Personal Property Tax Rate​X .0030​2019 Revenue from Personal Property​$ 30,0004 more rows

Property taxes in in Kentucky are relatively low. The typical homeowner in Kentucky pays just $1,382 annually in property taxes, around half the national median. The state's average effective property tax rate is 0.80%.

Tangible personal property is every physical item subject to ownership, except real and intangible property. Lessors and Lessees of Tangible Personal Property—Leased property must be listed by the owner on Revenue Form 62A500, regardless of the lease agreement's terms regarding tax liability.

Complete Revenue Form 62A500 for each fluidized bed energy production facility. The return must contain only the assessment for the facility. File the return with the Division of State Valuation, Revenue Cabinet, Frankfort, KY 40620.

Section 170 of the Kentucky Constitution authorizes exemption from property taxation for the following types of organizations: Government owned property. Institutions of education. Religious institutions. Public libraries. Cemeteries not held for private or corporate profit. Institutions of purely public charity.

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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