The Department of Revenue has identified new services subject to sales tax in the state of Kentucky, effective Jan. 1, 2023.
For those businesses providing these services, 6 percent sales tax must be charged and collected on the total sales price of the service beginning on or after Jan. 1. Businesses without a sales & use tax account through the KY OneStop Business Portal must apply for an account at https://onestop.portal.ky.gov/OneStopPortal/.
The introduction of these taxable services stems from House Bill 8, ratified in April 2022, in an effort to expand Kentucky sales tax to high-growth services.
Please select this link to read the complete article from OSAP Member Von Lehman CPA & Advisory Firm.