Kentucky Revised Statutes — Title XI (Revenue and Taxation)

KRS 141.387 — No carry forward permitted for tax credits provided by KRS 141.385 and 141.386 -- Claims for credits

(1) The tax credits established by KRS 141.385 and 141.386 shall not be carried
forward to a return for any other period.
(2) If an expenditure by a taxpayer qualifies for credits under more than one (1) of the
provisions of KRS 141.385 and 141.386, the taxpayer may claim credit under one
(1) section only.

Last amended: Effective: June 26, 2009 History: Created 2009 (1st Extra. Sess.) Ky. Acts ch. 1, sec. 71, effect ive June 26, 2009.

Source: official text