Kentucky Constitution
Article Revenue and Taxation, § 174 — Property to be taxed according to value, whether corporate or individual — Income, license, and franchise taxes
Kentucky Const. art. Revenue and Taxation, § 174
Kentucky Const. art. Revenue and Taxation, § 174 (Property to be taxed according to value, whether corporate or individual — Income, license, and franchise taxes) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
JurisdictionKentuckyDocumentConstitution
ArticleRevenue and Taxation
Section§ 174
CitationKentucky Const. art. Revenue and Taxation, § 174
Bluebook
Ky. Const. art. Revenue and Taxation, § 174.
Full Text
All property, whether owned by natural persons or corporations, shall be taxed in proportion to its value, unless exempted by this Constitution; and all corporate property shall pay the same rate of taxation paid by individual property. Nothing in this Constitution shall be construed to prevent the General Assembly from providing for taxation based on income, licenses or franchises.
Add this to your briefcase to access full text.
History
Text as Ratified on: August 3, 1891, and revised September 28, 1891. History: Not yet amended.