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Until 2013, Missouri imposed a Highway Use Tax on all motor vehicles titled in Missouri but not bought in Missouri. As a result of litigation over the proper local tax to impose on such motor vehicles – sales tax or use tax – the General Assembly amended the sales tax statute so that sales tax is imposed on the privilege of titling new and ...
When buying an automobile, if one trades in a car, the state deducts the price of the trade when calculating the sales tax to be paid on the automobile (e.g., purchasing a $40,000 car, and trading a $10,000 car, a person would be taxed on the difference of $30,000 only, not the full amount of the new vehicle).
This is a list of U.S. states by vehicles per capita. Vehicle data are from the Bureau of Transportation Statistics [ 1 ] and population data are from the US Census. [ 2 ]
Missouri residents could see a roughly $138 million tax break under legislation passed Thursday by the House in an attempt to offset a recent surge in local tax collections caused by higher ...
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New legislation for the 2025 session offered by Senator Curtis King, R-Yakima, would increase the percentage of vehicle sales taxes devoted to the transportation budget from only .03% by 16.66% ...
The Missouri Department of Revenue is a U.S. state government agency in Missouri created under the Missouri Constitution in 1945, which is responsible for ensuring the proper functioning of state and local government through the collection and distribution of state revenue, and administration of state laws governing driver licensing, and motor vehicle sale and registration. [1]
Missouri’s tax-free weekend this year will be Aug. 5 to 7. Anyone can shop without paying state and local sales taxes on included items during this time, even if you’re not shopping ...