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143.037 Certificates or forms for verification of deduction by processor -- Statement required for coal severed outside of state -- Deduction prohibited for nonregistrants or untraceable purchases.

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143.037 Certificates or forms for verification of deduction by processor -- Statement required for coal severed outside of state -- Deduction prohibited for <br>nonregistrants or untraceable purchases. (1) For the purpose of administering KRS 143.010(6)(e) and (f), the department shall provide to all registered taxpayers, who sell severed or processed coal that will <br>subsequently be claimed as a deduction for purchased coal, certificates or other <br>similar forms designed for the purpose of permitting the processor of the coal to <br>verify his deduction for purchased coal. If coal which has been severed outside this <br>state is purchased by a processor, he shall acquire a statement in such form as the <br>department may prescribe from the person severing the coal outside this state. (2) A deduction for purchased coal shall not be allowed for purchases of coal originating from persons severing coal in this state who are not registered to report <br>and pay the tax due under this chapter or for purchases of coal which cannot be <br>traced to a person who severed the coal outside this state. Effective: June 20, 2005 <br>History: Amended 2005 Ky. Acts ch. 85, sec. 540, effective June 20, 2005. -- Created 1988 Ky. Acts ch. 331, sec. 1, effective July 15, 1988.