Attorney General Opinion No.

Vernon L. Jarboe General Counsel Department of Revenue 915 S.W. Harrison Street Topeka, Kansas 66612-1588

Dear Mr. Jarboe:

You request our opinion regarding the propriety of interpreting K.S.A.79-1109 to require national banking associations to add the amount of the tax imposed by K.S.A. 79-1107 and paid the previous year to federal adjusted gross income when computing "net income" under K.S.A. 79-1109 for purposes of determining the amount of the K.S.A. 79-1107 privilege tax. You refer to Department of Revenue Notice 94-08, advising privilege taxpayers covered by K.S.A. 79-1107 et seq. that…