The KIDA tax credit is applied against the corporation income tax imposed under KRS 141040 andor the limited liability entity tax LLET imposed under KRS 1410401 The amount of tax credit against ID: 844863
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1 INSTRUCTIONSSCHEDULE KIDA The KIDA tax
INSTRUCTIONSSCHEDULE KIDA The KIDA tax credit is applied against the corporation income tax imposed under KRS 141.040 and/or the limited liability entity tax (LLET) imposed under KRS 141.0401. The amount of tax credit against each tax can be different, however, for tracking purposes, the maximum amount of credit used against either tax is the amount that is used for the tax year.This schedule is used by any corporation which has entered into a nancing agreement or a tax incentive agreement for a Kentucky Industrial Development Act (KIDA) project to determine the credit