KY Income Tax Credit for the Installation of Post-Consumer Waste Equipment
|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.
||To promote efficient resource usage practices.
||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.
||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