Kentucky Administrative Regulations
Title 103 - FINANCE AND ADMINISTRATION CABINET - DEPARTMENT OF REVENUE
Chapter 31 - Sales and Use Tax; Administration and Accounting
Section 103 KAR 31:170 - Disaster area relief sales and use tax refunds
Current through Register Vol. 50, No. 6, December 1, 2023
RELATES TO: KRS 139.519, 139.720, 139.770
NECESSITY, FUNCTION, AND CONFORMITY: KRS 131.130(1) authorizes the Department of Revenue to promulgate administrative regulations necessary for the administration and enforcement of all tax laws in Kentucky. KRS 139.710 authorizes the department to administer the provisions of KRS Chapter 139, relating to the assessment, collection, refund, and administration of sales and use taxes. KRS 139.519 establishes the tax refund provisions for sales and use tax paid on building materials purchased for the purpose of repairing or replacing a building damaged or destroyed by a disaster within a disaster area. This administrative regulation establishes the requirements for disaster area relief sales and use tax refunds.
Section 1. Definitions.
Section 2. Refund Application Requirements.
Section 3. Record Keeping Requirements. The legal owner of the building and other applicable parties shall keep adequate and complete records supporting the refund request for a period not less than four (4) years as provided for in KRS 139.720. The department may audit the records of all parties involved as necessary to verify the refund request and to ensure compliance.
Section 4. Forms. The forms listed herein may be inspected, copied, or obtained, subject to applicable copyright law, at:
38 Ky.R. 2107; 39 Ky.R. 458; eff. 10-5-2012; 44 Ky.R. 1110, 1500; eff. 2-2-2018; Crt eff. 6-7-2019.
STATUTORY AUTHORITY: KRS 131.130(1), 139.519(7)(a), 139.710