Statutes, codes, and regulations
Kentucky Revised Statutes
Title 11 - REVENUE AND TAXATION
Chapter 133 - SUPERVISION, EQUALIZATION, AND REVIEW OF ASSESSMENTS
Section 133.123 - Department advice - Responsibility for determination of fair cash value

Ky. Rev. Stat. § 133.123

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Current through 2024 Ky. Acts ch.225
Section 133.123 - Department advice - Responsibility for determination of fair cash value

When an appeal is taken from an assessment by the property valuation administrator, of property which the owner does not consider to be subject to taxation, it shall be the duty of the county board of assessment appeals to obtain and follow advice from the Department of Revenue relative to the taxability of such property; however, the board shall have full power and responsibility to make a determination of the fair cash value of such property.

KRS 133.123

Effective:6/20/2005
Amended 2005, Ky. Acts ch. 85, sec. 232, effective6/20/2005. -- Created 1974 Ky. Acts ch. 326, sec. 14.