Kentucky House Passes IRC Conformity Update, Other Changes

The Kentucky House passed legislation that:

– updates the IRC conformity date for computing corporation and personal income tax liability;

– clarifies combined reporting requirements for unitary business groups;

– amends the recycling and composting equipment credit; and

– makes technical changes related to 2018 tax reform legislation.

H.B. 354, as passed by Kentucky House of Representatives on February 21, 2019

Login to read more on CCHAnswerConnect.

Not a subscriber? Sign up for a free trial or contact us for a representative.



All stories by: CCHTaxGroup