KRS 141.208: Treatment of limited liability companies.

(1) For the purposes of this section, "limited liability company" shall mean any

company subject to the provisions of KRS Chapter 275.

(2) For taxable years beginning after December 31, 2004, and before January 1, 2007, a

limited liability company shall file a Kentucky corporate income tax return and

determine its Kentucky income tax liability as provided in KRS 141.040 regardless

of the tax treatment elected for federal income tax purposes. For all other taxable

years, a limited liability company shall be treated for Kentucky income tax purposes

in the same manner as its tax treatment elected for federal income tax purposes. All

other income tax issues not expressly addressed by the provisions of this chapter

shall be treated in the same manner as the issues ar e treated for federal income tax

purposes.