Kentucky businesses may now access online occupational license tax forms through Kentucky’s Business One Stop Portal (“One Stop”), Secretary of State Alison Lundergan Grimes announced today at the fall conference of the Kentucky Occupational License Association. The forms, instructions, and corresponding ordinances are available for each Kentucky jurisdiction that imposes such a tax on net profits or gross receipts.
“The Kentucky Business One Stop Portal helps to streamline how new and existing businesses interact with state government,” said Grimes. “By making local occupational license tax forms available through One Stop, Kentucky is now even more business-friendly.”
Earlier this year, as a result of HB 277, bipartisan legislation Grimes supported in 2012, Secretary Grimes launched on the office’s website an online database of occupational license tax forms. Each taxing jurisdiction in Kentucky has its own forms for businesses to complete in paying occupational license taxes. Never has there been a central repository for these forms. Businesses that operate in more than one taxing jurisdiction must obtain the correct forms for each jurisdiction and then complete and file multiple documents, which in some instances can cost more than the tax liability itself.
“Centralizing occupational license tax filings was the best way to help Kentucky businesses – new and old – combat this issue,” said Grimes.
Grimes encourages businesses to visit www.onestop.ky.gov or www.sos.ky.gov to access the necessary forms, and accompanying ordinances and instructions.