141.387 - No Carry Forward Permitted for Tax Credits Provided by Krs 141.385 and 141.386 -- Claims for Credits.

Ky. Rev. Stat. Ann. § 141.387
in: 141.387 - No Carry Forward Permitted for Tax Credits Provided by Krs 141.385 and 141.386 -- Claims for Credits.
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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.

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

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