Carroll County has an Occupational License Fee Ordinance (occupational tax) for all businesses and employees in Carroll County:
IMPORTANT TAX CHANGES
Effective JANUARY 1, 2024
The Carroll County Fiscal Court has adopted an ordinance amending the Ordinance # 07-1113, an Ordinance Relating to the Imposition and Administration of an Occupational License Requirement, raising the Occupational License Fee Rate to 1.5%, and removing the $5000.00 annual exemption, and raising the maximum fee to be paid to $250,000.00. Effective JANUARY 1, 2024.
To read the new Ordinance amending Ordinance No. 07-1113 click the following link: ORDINANCE NO. 2023-0912
Until January 1, 2024 Ordinance 07-1113 stays in effect as specified below.
Carroll County Ordinance 07-1113 requires that "every person or business entity engaged in any business for profit and any person or business entity that is required to make a filing with the Internal Revenue Service or the Kentucky Revenue Cabinet shall be required to file and pay to the county an occupational license tax for the privilege of engaging in such activities within the county. The occupational license tax shall be measured by 1% of:
A.) all wages and compensation paid or payable in the county for work done or services
performed or rendered in the county by every resident and nonresident who is an
employee; provided however, that the maximum annual license tax for each employee shall
be $50,000.00 and each employee shall be entitled to an annual exemption of $5,000.00 of
such wages and compensation before the application ofthe license tax.
Ordinance #07-1113 also requires that "all persons engaged in any trade, occupation or profession, within Carroll County, for themselves, for profit or gain, shall pay a license fee measured by and equal to one percent (1%) of the net profits realized from such activity, with a maximum annual license fee for such person to be $50,000. Provided, however, that such person shall be entitled to an annual exemption of $5000 of said net profit before the application of the license fee."
B.) the net profit from business conducted in the county by a resident or nonresident business entity; provided however, that the maximum annual license tax for each business entity shall be $50,000.00 and each business entity shall be entitled to an annual exemption of $5,000.00 of such net profit.
All partnerships, S corporation, and all other entities where income is "passed through" to the owners
are subject to this ordinance. The occupational license tax imposed in this ordinance is assessed against
income before it is "passed through" these entities to the owners."
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"Hand" icon to point at the first field and click the left mouse button or simply push the Tab key, you may type into the field and then tab to the next one. Using just the keyboard simply hit the Tab key to move cursor to the first field for editing, Tab again to move on to the next field and continue tabbing until form fields are all filled in. Some interactive fields have a slight gray frame around them so that they are easier to find. Our forms currently do not allow for electronic signatures and must be printed and mailed to the Occupational License Fee office.
