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Ky. tax bill introduced

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January 12, 2006 Send To A Friend  | Print View

A bill has been introduced in the Kentucky legislature that would eliminate the sales tax on horses purchased in the state. The bill, introduced by a pair of Kentucky legislators, calls for the elimination of the six percent tax on horses claimed at Kentucky racetracks, as well as the tax on horses sold at auction.



Kentucky residents currently must pay tax on horses under the age of two purchased at sales; persons from out of state do not have to pay the tax.


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