141.130 Liability for tax on discontinuation of business. - Kentucky Statutes

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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 charter 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. 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 Research 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 Act shall apply to taxable years beginning on or
after January 1, 2007." Legislative Research Commission Note (3/18/2005). 2005 Ky. Acts ch. 168, sec. 165, provides that this section shall apply to tax years beginning on or after January 1,
2005.