摘要: |
As this time of year marks the start of the Kentucky watercraft tax assessment and tax return season, some watercraft operators may have noticed a change to the Kentucky Department of Revenue's watercraft tax forms. A staple of the general Kentucky property tax world, but now more explicitly incorporated on the Kentucky watercraft tax return and assessment, is the so-called pollution control exemption. The department has now specifically incorporated the exemption on its forms by providing a separate schedule in the return packet for pollution control-certified items as well as a line item on the tax assessment notice for such items, as different tax treatment is applied to items that are certified as pollution control facilities. |