KRS 139.230: Elimination of fractions of a cent.

To eliminate fractions of one cent ($0.01), and to ensure that the aggregate collections of

taxes by a retailer, so far as may be practicable, shall be equal to six percent (6%) of gross

receipts or sales price, as the case may be, the tax shall be compute d by applying the six

percent (6%) rate to the sales price carried to the third decimal place and rounded to the

nearest cent by eliminating any fraction less than one -half of one cent ($0.005) and

increasing any fraction of one-half of one cent ($0.005) or over to the next higher cent.