Kentucky has announced that for any motor vehicle held for sale in the inventory of a licensed motor vehicle dealer, whether or not that vehicle is titled and registered in Kentucky and whether or not ownership has been transferred to the dealer, the state shall impose a property tax of 5¢ for every $100 of value on said motor vehicles. The legislation also clarifies that said motor vehicles are not subject to local property taxation nor are they to be taxed as motor vehicles. This new law goes into effect “90 days after adjournment”, which was March 22, 2013.
I am Marketing Specialist for ONESOURCE Indirect and Property Tax. Previous to this I worked as a Business Development Associate aligned with the Property Tax Software and Outsourcing groups. I have been with the company for over six years and I work out of our Scottsdale, AZ office. I have a BA in Communications from the Hugh Downs School at Arizona State University and an MBA in Marketing and Leadership Science from the Ken Blanchard School of Business at Grand Canyon University.