131.170 Extension of time for filing reports and returns. - Kentucky Statutes

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131.170 Extension of time for filing reports and returns. The Department of Revenue may, when extension is not otherwise provided for, grant a
reasonable extension of time for filing reports or returns whenever, in its judgment, good
cause therefor exists. The department shall keep a record of such extensions. Except
where a taxpayer is abroad, no extension shall be granted for more than six (6) months,
and in no case for more than one (1) year. If any extension operates to postpone a tax
payment, interest at the tax interest rate as defined in KRS 131.010(6) shall be collected.
The department may condition the extension upon a bond sufficient to cover any tax and
penalty determined to be due. The department may, on request, permit a person to file a
tax return or report or pay tax on a date other than that prescribed by statute, or to change
the fiscal period covered by such return or report, if the variation will not ultimately effect
a reduction in revenue. Effective: June 20, 2005
History: Amended 2005 Ky. Acts ch. 85, sec. 119, effective June 20, 2005. -- Amended 1992 Ky. Acts ch. 338, sec. 1, effective August 1, 1992. -- Recodified 1942 Ky. Acts
ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 4114h-13.