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License Fees
Who must pay license
fees?
McCracken County
Ordinance No. 86; Section III. (a) states:
"All persons engaged
in any trade, occupation or profession, within McCracken County, when
employed by another shall pay a license fee measured by and equal to one
percent (1%) of gross receipts paid for such service."
McCracken County
Ordinance No. 86; Section III. (b) states:
" All persons engaged
in any trade, occupation, or profession, within McCracken County, for
themselves, for profit or gain, shall pay a license fee measured by and
equal to one percent (1%) of the net profit realized from such activity.
“Net Profit” as used herein shall mean gross receipts less ordinary
business deductions, recognized as such, and allowed by the laws of the
Commonwealth of Kentucky, in computing income tax liability, but without
deductions for taxes based on income. It shall be unlawful for any
person to engage in any trade, occupation or profession within McCracken
County without withholding, reporting and paying the license fees herein
provided and required. Portions of this order prescribing a
penalty in the form of fine or imprisonment, shall mean and include the
individual members of a firm, partnership, or association and the
officers of any governmental body or agency, or any corporation. "
The
entire ordinance can be accessed via link at the end of this page.
When must license fees be paid?
License fees must be paid no more than
105 days after then end of the fiscal year.
Who
do I send payment to?
Send payment
with proper form to the Tax Administrator's Office located in the
Courthouse at 301 South Sixth Street, Paducah, KY 42003.
Where can I get the forms?
You may aquire
the proper form by contacting the Tax Administrator's Office at (270)
444-4722.
Payroll Tax
Who must pay
payroll tax fees?
It shall be the duty of every person engaged in any trade, occupation or
profession, within McCracken County who employs or engages the services
of others in connection therewith, to withhold from compensation of such
employee, the license fees are herein provided, at the time such
compensations is paid or credited; said shall report and pay the same to
the Administrator on or before April 30, July 31, October 31, and
January 31, of each year, for the license fees accrued during the
preceding three months beginning July 1, 1987, except as provided in (b)
and (c). Failure on the part of the employer to withhold, report
and pay the license fees shall not relieve the employees from liability
therefore.
When
must payroll tax fees be paid?
Payroll tax
should be paid on or before April 30, July 31, October 31, and January
31.
Who
do I send payment to?
Send payment
with proper form to the Tax Administrator's Office located in the
Courthouse at 301 South Sixth Street, Paducah, KY 42003.
Where can I get the forms?
You may acquire
the proper form by contacting the Tax Administrator's Office at (270)
444-4722.
Click to to view the entire ordinance regarding license fees and payroll
tax.
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