Title: Kentucky Preferred Content License Agreement between AT&T Wireless Data, Inc. and Intelligent Information Inc. Keywords: Kentucky, Preferred Content License Agreement, AT&T Wireless Data, Inc., Intelligent Information Inc. Introduction: The Kentucky Preferred Content License Agreement is a legal agreement established between AT&T Wireless Data, Inc. and Intelligent Information Inc. This agreement outlines the terms and conditions under which the parties have agreed to exchange, license, and distribute preferred content within the state of Kentucky. The agreement aims to foster a mutually beneficial partnership by supporting the distribution of high-quality content and ensuring compliance with relevant laws and regulations. Types of Kentucky Preferred Content License Agreements: 1. Content Licensing Agreement: This type of agreement allows AT&T Wireless Data, Inc. to license preferred content from Intelligent Information Inc., granting them the right to distribute and utilize the content within Kentucky. It defines the terms of use, duration, royalties, and other considerations related to the licensed content. 2. Exclusive Distribution Agreement: This agreement establishes that AT&T Wireless Data, Inc. will have exclusive rights to distribute and market the preferred content provided by Intelligent Information Inc. This mutually beneficial partnership ensures a focused marketing approach, brand alignment, and increased exposure for the content within the Kentucky market. 3. Revenue Sharing Agreement: Under this agreement, both parties agree to share revenue generated from the distribution, licensing, or sales of preferred content in Kentucky. The agreement outlines the revenue sharing structure, payment terms, accounting procedures, and dispute resolution mechanisms. 4. Technology Integration Agreement: This type of agreement focuses on the integration of Intelligent Information Inc.'s cutting-edge technology solutions with AT&T Wireless Data, Inc.'s infrastructure for effective content delivery. It addresses aspects related to technology transfer, integration, support, and confidentiality obligations. Key Terms and Provisions: 1. Scope of Content: The agreement defines the scope and nature of preferred content to be licensed or distributed, including any restrictions or guidelines related to intellectual property rights and legal compliance. 2. Licensing Rights and Reproduction: The agreement outlines the licensing rights, reproduction limitations, and permitted usage of the preferred content within Kentucky, ensuring compliance with copyrights and intellectual property laws. 3. Termination Clause: The agreement defines the circumstances and procedures for terminating the agreement, including breach of contract, non-compliance with regulations, dispute resolution, or expiration of the specified duration. 4. Financial Considerations: The agreement specifies the financial aspects, such as licensing fees, revenue sharing percentages, payment schedules, and any penalties or fines in case of non-payment or financial disputes. 5. Confidentiality and Non-Disclosure: Both parties commit to maintaining confidentiality of any proprietary information, trade secrets, or sensitive data shared during the course of the agreement. Conclusion: The Kentucky Preferred Content License Agreement between AT&T Wireless Data, Inc. and Intelligent Information Inc. represents a strategic partnership aimed at leveraging preferred content distribution within Kentucky. By entering into various types of agreements, the parties ensure compliance with legal requirements, revenue sharing, and protection of intellectual property, fostering a collaborative environment that benefits all parties involved.
Kentucky Preferred Content License Agreement between AT&T Wireless Data, Inc. and Intelligent Information Inc.
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The LLET may be calculated using the lesser of $0.095/$100 of Kentucky gross receipts or $0.75/$100 of Kentucky gross profits. A minimum tax of $175 applies regardless of the method used.
LLCs taxed as C-corp Corporations and LLCs with C-corp status are, in a way, taxed twice. Your LLC won't pay the self-employment tax, but you will need to pay the 21% federal corporate tax rate and the Kentucky corporate tax rate of 5%.
State PTE taxes allow (or in rare cases, require) owners of PTEs, such as partnerships and S corporations, to pay state tax at the entity-level. Because PTEs are not subject to the $10,000 cap, the entity can deduct the state taxes paid in full, reducing the taxable income passed through to its owners.
To obtain your valid Kentucky Corporation/LLET account number, please contact the Department of Revenue at (502) 564-3306. To submit payment online, visit .
The Kentucky interest rate on tax underpayments was 5% in 2022 but has now increased to 8% for 2023. These increased interest rates can be a significant cost to taxpayers who have historically delayed making payments throughout the year.
In Kentucky, the personal net income tax rate you'll pay is a flat 5%. You and any other owner will also be taxed at the 15.3% federal self-employment tax rate (12.4% for social security and 2.9% for Medicare).
IF YOU PASS THE SKILLS TEST After holding the intermediate license for 180 days and completing the required driver education course (see Driver Education Training section), the driver will be eligible for a full unrestricted license.
For purposes of this subsection, a "qualified investment partnership" means a pass-through entity that, during the taxable year, holds only investments that produce income that would not be taxable to a nonresident individual if held or owned individually.