KENTUCKY | SUccessful 2019 Reforms
During the 2019 legislative session, Kentucky lawmakers followed the recommendations of the HERT Coalition to reform the state’s heavy equipment rental tax system.
The passage of this legislation (HB 354) is a win for Kentucky taxpayers and Kentucky businesses. Before the enactment of HB 354, Oregon was one of only a handful of states that levied tangible personal property tax on heavy equipment rentals without providing any type of relief. The 2019 reforms have eased compliance and made Kentucky more competitive with its neighbors.
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