Tax Advantages

Nicholas County offers some of the most competitive taxes in the Bluegrass Region.For more information on the regional tax structure please click here.

Regulations & Permits

Details on regulations and permits can be found by clicking here.

Data Name Value
State Tax Ranks (Kentucky)
Overall 19
Corporate Tax 19
Individual Income Tax 18
Sales Tax 13
Unemployment Insurance Tax 21
Property Tax 49
State Sales Tax Rates (Kentucky)
Sales Tax 6.000%
State Unemployment Insurance Tax Rates (Kentucky)
Minimum 0.3000%
Maximum 9.0000%
Taxable Wage Base $10,800
Most Favorable Schedule - Minimum 0.0000%
Most Favorable Schedule - Maximum 9.0000%
Least Favorable Schedule - Minimum 1.0000%
Least Favorable Schedule - Maximum 10.0000%
State Property & Capital Stock Tax Rates (Kentucky)
Property Tax Collections Per Capita $831
Property Tax Collections - Percentage of Income 2.03%
Capital Stock Tax Rate None
Capital Stock Maximum Payment N/A
Payment Options for CST and CIT N/A
Real Estate Taxes
Median Real Estate Taxes Paid   $605
State Income Tax Rates (Kentucky)
Corporate  
≥ $0 5.000%
Individual (Ordinary Income)  
≥ $0 5.000%