New revenue commissioner’s old department still in disarray

LEXINGTON, Ky. (AP) – Lexmark International has spent $10.7 million trying to fix problems in the department formerly headed by Kentucky’s new revenue commissioner.

According to WFPL’s Kentucky Center for Investigative Reporting (http://bit.ly/1PhezoN) the Lexington-based company’s most recent report to the U.S. Securities and Exchange Commission says it had not resolved its income tax accounting issues as of Dec. 31. Because of that the company says it cannot be sure its financial reporting is correct.

Kentucky Revenue Commissioner Daniel Bork was Lexmark’s vice president of tax until last September.

Lexmark’s annual report states that “tax leadership and personnel changes” were among the fixes made in 2015.

Lexmark spokesman Jerry Grasso would not comment on Bork’s time with the company.

Both Bork and Gov. Matt Bevin declined the station’s request for an interview.

Copyright 2016 The Associated Press.