This office lease form is a clause regarding all direct and indirect costs incurred by the landlord in the operation, maintenance, repair, overhaul, and any owner's overhead in connection with the project.
Kentucky Clause Defining Operating Expenses
Category:
State:
Multi-State
Control #:
US-OL19034B
Format:
Word;
PDF
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How to fill out Clause Defining Operating Expenses?
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FAQ
Kentucky considers a seller to have physical nexus if you have any of the following in the state: Owned or leased property that is utilized or located in the state. An employee or independent contractor present in the state. Goods in a warehouse.
? The Property Valuation Administrator (PVA) is the local official responsible for assessing most real property in the county. All real property is subject to being revalued every year and all real property parcels must be physically inspected by the PVA office no less than once every four years.
The Kentucky Trade Secrets Act ,KRS 365.880 et seq., defines misappropriation as unauthorized acquisition, use, or disclosure of known trade secrets.
US Nexus means where there is any US involvement or connection, including (without limitation): (i) any US dollar denominated transaction; (ii) any payment in any currency that is cleared through the US financial system, including foreign branches of US banks, and US branches, agency or representative offices or US ...
The state of Kentucky considers a seller to have physical nexus if you have any of the following in the state: Owned or leased property that is utilized or located in the state. An employee or independent contractor present in the state. Goods in a warehouse. Services completed in the state.
To be considered a nexus, a business must have ?sufficient presence? in the state and be ?engaged in business? in the state. The requirement of sufficient presence is satisfied by the brief physical presence of someone at a trade show to something more permanent, such as a warehouse.
Physical presence in Kentucky is not necessary to establish business income tax nexus with the state. Kentucky also does not adopt an economic or factor presence standard. It asserts nexus or tax jurisdiction to the full limits provided under the U.S. constitution.
Most states have monetary or transaction thresholds at which nexus is established. For example, many consider a company to have nexus and require it to pay sales tax if it has more than 200 sales transactions or $100,000 in sales within the state annually. It has employees working in another state.
