Tax Notes-- Kentucky administrative regulation for criteria establishing probable cause for waiver of penalties

The Kentucky Department of Revenue has adopted a tax administration regulation that establishes a 13-point criteria to be used to determine whether a taxpayer has demonstrated reasonable cause for waivers of penalty, finalizing & replacing in modified form an emergency regulation previously in effect. The final form went into effect September 1, 2006. ( See 103 KAR 1:040 )