Stoner Creek Stud, Inc. v. Revenue Cabinet Commonwealth

WILHOIT, Judge.

This is an appeal from a judgment of the Franklin Circuit Court affirming an order of the Kentucky Board of Tax Appeals, which determined that sales and use taxes were properly assessed against the appellant by the Revenue Cabinet.

The appellant, Stoner Creek Stud, Inc., owns and operates a farm for raising and breeding horses. Following an audit of purchases made by Stoner Creek during the periods from February 2, 1979, to March 31, 1979, and June 1, 1979, to April 30, 1983, the Revenue Cabinet issued sales and use tax assessments totalling $42,-914.29. Stoner Creek filed a…