Occupational License Tax Renewal Form - City Of Oak Grove
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1
2OCCUPATIONAL LICENSE TAX RENEWAL
ORDINANCE # 2008-05
Check If Final Return
Name of Business__________________________________________________________
Mailing Address: _______________________________________________________________________________________
City:
__________________________________________ State:________________ Zip:____________________
Business Address: ______________________________________________________________________________________
SSN/FEIN:
_________________________
Kentucky State License # __________________________
Phone: ________________________
Contact Name: __________________
Current Number of Employees:
Fulltime:__________
Part-time:__________
____________________________________________
_____________________________
PREPARER’S NAME
PREPARER’S PHONE NUMBER
WORKSHEET FOR REPORTING GROSS RECEIPTS
1.
Total gross receipts for the year: Oak Grove Only
$___________________________________
(A copy of Federal Form 1040, Schedule “C” or Kentucky Form 741, 765 or 720 as applicable, or a copy of the business’s state sales tax
returns for the appropriate year is required.)
2.
Total Beer and /or Liquor sales for the above year:
$ ___________________________________
3.
Total taxes paid on gasoline sales for the above year:
$ ___________________________________
4.
Subtract lines 2 and 3 from line 1. Enter the results here:
$ ___________________________________
5.
WHOLESALE: Multiply line 4 by .06% (.0006) Enter result here:
$ ___________________________________
RETAIL: Multiply line 4 by .15% (.0015) Enter result here:
$ ___________________________________
PROFESSIONAL: Multiply line 4 by .38% (.0038) Enter result here: $ ___________________________________
$100.00
6.
The MINIMUM FEE for this license is:
7.
Enter the GREATER amount of line 5 or line 6 here:
$ ___________________________________
PENALTY (*5% of line 7 ) ($25 Minimum)
8.
$___________________________________
INTEREST (**12% per year, or 1% per month)
9.
$ ___________________________________
10.
Total license fee paid (Lines 7, 8, and 9)
$ ___________________________________
DISCLAIMER:
Please be advised that the above Worksheet for Reporting Gross Receipts is a guideline to assist in the calculation of
yearly tax payments. If any of the above calculations are underestimated, license fees will be underpaid and a late payment
*PENALTY
OF
5% PER MONTH (NOT TO EXCEED TWENTY-FIVE 25% OF THE TOTAL TAX DUE; HOWEVER, THE PENALTY SHALL NOT BE LESS THAN
TWENTY-FIVE DOLLARS $25 and **INTEREST OF 12% PER YEAR, OR 1% PER MONTH WILL BE ASSESSED AGAINST ANY LICENSE FEE
BALANCE UNPAID BY THE DUE
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