8 a.m.
Registration and Continental Breakfast (provided)

8:30 a.m.         
Introductions/What Do You Want to Know?
•    What burning question must you have the answer to before leaving today?

8:45 a.m.
Nexus
•    What is nexus?
•    History of national nexus developments
•    Kentucky specific nexus guidance
•    What is economic nexus?

10:00 a.m.
Understanding Sales and Use Taxes

Learn the basics of sales and use tax, including its history and recent developments.
•    Key statutes and definitions
•    Treatment of common transactions

11:30 a.m.
Exemptions, Exclusions and Incentives

We will cover common Kentucky exemptions and exclusions for Kentucky sales and use tax, focusing on published guidance, including court decisions, as well as practical application of this guidance. You’ll also learn about available incentives related to sales and use tax.

Noon 
Lunch (provided)

1:00 p.m.
Exemptions, Exclusions and Incentives (cont.)

1:30 p.m.
Transferring a Business or Assets

Learn about sales and use tax issues to consider when selling or transferring assets, a division or an entire company. The discussion will focus on the occasional or casual sale exemption which is available in most states.

2:30 p.m.  
Sales and Use Tax Compliance and Controversy

In this section, we will cover common tax return filing issues and required documentation to support the filings, including obtaining and retaining exemption certificates. We will also cover audit procedures and how to prepare for and survive a sales and use tax audit.

3:00 p.m.  
Transactions Pertaining to Construction Contractors

We will examine sales and use tax as applied to contractors.

3:45 p.m.
Contractors, Nonprofits and Tax Reform -
Oh My!
In 2018, the Kentucky General Assembly made numerous changes to Kentucky’s sales tax statutes. In 2019, they made more changes. We will cover the new changes and their impact.

4:30 p.m.  
5th Annual Navigating Sales and Use Tax in Kentucky seminar adjourns.

© Kentucky Chamber of Commerce · 464 Chenault Road · Frankfort, KY 40601 · (502) 695-4700