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Vericoals, Inc. v. Revenue Cabinet, 869 S.W.2d 49 (1994)

Citation
Vericoals, Inc. v. Revenue Cabinet, 869 S.W.2d 49 (1994)
Parent Document
Vericoals, Inc. v. Revenue Cabinet, 869 S.W.2d 49 (1994)
Jurisdiction
Kentucky (state)
Effective Date
1994-01-28

Other Sections in This Document (31)

Full Text

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The Revenue Cabinet conducted an audit for the period of April 1984 through December 1988, and a deficiency of $14,236.21 was assessed for April through September 1984. Interest and penalties were also levied against Vericoals. Vericoals protested the deficiency assessment, setting forth its position as to why it was not liable for the severance tax. The Revenue Cabinet then issued a final ruling, and Vericoals appealed to the BTA, which upheld the Revenue Cabinet’s ruling with the exception of the assessment of penalties. Vericoals appealed to the Pike Circuit Court pursuant to KRS 131.-370(1), while the Revenue Cabinet appealed the denial of the penalty assessment to the Franklin Circuit Court. The two eases were consolidated by order of the Pike Circuit Court, which ultimately issued an order upholding the BTA in all respects. Vericoals now brings this appeal.