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720 AMENDED (2007-2008) 41A720-S3 (10-08) Commonwealth of Kentucky DEPARTMENT OF REVENUE A 0800020276* Identification Number Kentucky Corporation/LET Account Number Taxable period beginning, 200,
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The Kentucky 720 form is a report of tangible personal property owned by businesses in the state of Kentucky.
All businesses that own tangible personal property with an aggregate fair cash value of $1,000 or more in Kentucky are required to file the Kentucky 720 form.
To fill out the Kentucky 720 form, businesses need to provide information about the tangible personal property they own in Kentucky, including its description, location, and fair cash value.
The purpose of the Kentucky 720 form is to assess tangible personal property for taxation purposes and ensure businesses are accurately reporting their property holdings in the state.
The Kentucky 720 form requires businesses to report information such as the description, location, fair cash value, and date of acquisition for all tangible personal property they own in Kentucky.
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