KY Income Tax Credit for the Installation of Post-Consumer Waste Equipment
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Purpose: |
Principal Criteria: |
Contact Information: |
State income tax credit of up to 50% of the cost of installing equipment that is used to process post-consumer waste or used to manufacture products primarily composed of recycled materials.
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To promote efficient resource usage practices.
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Credit is limited to 10% of total allowable credit amount for the year of the equipment purchase with the balance carried forward, never to exceed 25% of state income tax liability.
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Readers are advised to consult an accountant, tax attorney, or other professional tax advisor for help in determining whether or not this incentive pertains to their own situation. |
Last updated: 5/7/2009 5:30:06 PM