{"data":{"id":"us-ky/krs-138.270","jurisdiction":"us-ky","citation":"KRS 138.270","heading":"Computation of gasoline and special fuels tax and supplemental highway","body":"user motor fuel tax -- Monthly reports, when due.\n(1) (a) From the total number of gallons of gasoline and special fuel received by the\ndealer within this state during the  next preceding calendar month, deductions\nshall be made for the total number of gallons received by the dealer within this\nstate that were sold or otherwise disposed of during the next preceding\ncalendar month as set forth in KRS 138.240(2).\n(b) To cover evaporation, shrinkage, unaccountable losses, collection costs, bad\ndebts, and handling and reporting the tax, each dealer shall be allowed\ncompensation equal to two and one -fourth percent (2.25%) of the net tax due\nthe Commonwealth pursuant to KRS 138.210  to 138.448 before all allowable\ntax credits, except the credit authorized pursuant to KRS 138.358. No\ncompensation shall be allowed if the completed tax return and payment are\nnot submitted to the department within the time prescribed by KRS 138.210 to\n138.448.\n(2) The tax imposed by KRS 138.220(1) and (2) shall be computed on the number of\ngallons remaining after the deductions set forth in subsection (1) of this section\nhave been made, and shall constitute the amount of tax payable for the next\npreceding calendar month.\n(3) Notwithstanding any other provision of this chapter to the contrary, any person who\nshall remit to the department, by the twenty -fifth day of the next month, an\nestimated tax due amount equal to not less than ninety -five percent (95%) of his tax\nliability, as finally determined for the report month, shall not be required to file the\nmonthly reports required by this chapter until the last day of the month following\nthe report month, and shall be permitted to claim as a credit against the  tax liability\nshown due on the report the estimated tax due amount so paid.","path":["KRS Chapter 138"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=52829","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:50:29Z","sha256":"a144a2f4a9fa18afe2d920fe43b06654b498ead183fd0b342d97c55419dbdae2","source_id":"us-ky","stale":false,"prev":"us-ky/krs-138.260","next":"us-ky/krs-138.280"},"notice":"GroundRules: Original legal text. Not legal advice."}