KRS 160.605: Occupational license tax for schools -- Exemptions.

There is hereby authorized the levy of an occupational license tax for schools on salaries,

wages, commissions, and other compensation of individuals for work done and services

performed or rendered in a county and on the net profits of all businesses, pro fessions, or

occupations from activities conducted in a county. No public service company which

pays an ad valorem tax is required to pay an occupational license tax for schools. No

occupational license tax for schools shall be imposed upon or collected fr om any

insurance company, bank, trust company, combined bank and trust company, combined

trust, banking and title business in this state, any savings and loan association whether

state or federally chartered, or upon income received by members of the Kentu cky

National Guard for active duty training, unit training assemblies, and annual field

training, or upon income received by precinct workers for election training or work at

election booths in state, county, and local primary, regular, or special election.