Kentucky compliance for data analysts
- Sales tax: 6.00% state rate. Applies to services. Recently expanded to many services (2023 reforms). Uniform 6%, no local.
- Late fees: Up to 1.5% per month under Ky. Rev. Stat. §360.010. Legal rate 8%/yr; contract rates up to 19%/yr or 4% over Fed discount.
Avg invoice
$4,200
Net terms
30 days
Deposit
25%
State
KY