139.570 Reimbursement of seller's collection costs.
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<![CDATA[139.570 Reimbursement of seller's collection costs. (1) (a) For reimbursement of the cost of collecting and remitting the tax, the seller shall deduct on each return one and three-quarters percent (1.75%) of the first <br>one thousand dollars ($1,000) of tax due and one percent (1%) of the tax due <br>in excess of one thousand dollars ($1,000), provided the amount due is not <br>delinquent at the time of payment. (b) The total reimbursement allowed for each seller in any reporting period shall not exceed one thousand five hundred dollars ($1,500). (2) Notwithstanding subsection (1) of this section, the rate of compensation for taxes collected or returns filed by certified service providers and other model sellers <br>participating in the agreement as defined in KRS 139.781 shall be determined <br>according to the terms of the agreement as provided in KRS 139.789(7). Effective: June 25, 2009 <br>History: Repealed and reenacted 2009 Ky. Acts ch. 92, sec. 1, effective June 25, 2009. -- Amended 2008 Ky. Acts ch. 39, sec. 2, effective July 1, 2008. -- Amended 2005 <br>Ky. Acts ch. 154, sec. 3, effective June 20, 2005. -- Amended 1990 Ky. Acts ch. 476, <br>Pt. VII A, sec. 622, effective July 1, 1990. -- Amended 1972 Ky. Acts ch. 84, Pt. I, <br>sec. 2. -- Amended 1968 Ky. Acts ch. 40, Part 1, sec. 9. -- Created 1960 Ky. Acts <br>ch. 5, Art I, sec. 53. ]]>