Kentucky Revised Statutes — Title XI (Revenue and Taxation)

KRS 141.130 — Liability for tax on discontinuation of business

If any corporation or pass -through entity dissolves or withdraws from this state during
any taxable year, or if any corporation in any manner surrenders or loses its charter during
any taxable year, the dissolution, withdrawal, or loss or surrender of char ter shall not
defeat the filing of returns and the assessment and collection of income taxes for the
period of that taxable year during which the corporation or pass -through entity had an
income in this state.

Last amended: Effective: June 28, 2006 History: Amended 2006 (1st Extra. Sess.) Ky. Acts ch. 2, sec. 19, effective June 28, 2006. -- Amended 2005 Ky. Acts ch. 168, sec. 12, effective March 18, 2005. -- Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 4281b-35. Legislative Res earch Commission Note (6/28/2006). 2006 (1st Extra Sess.) Ky. Acts ch. 2, sec. 73, provides that "unless a provision of this Act specifically applies to an earlier tax year, the provisions of this

Source: official text