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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 ...
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]
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 ...
The largest property tax exemption is the exemption for registered non-profit organizations; all 50 states fully exempt these organizations from state and local property taxes with a 2009 study estimating the exemption's forgone tax revenues range from $17–32 billion per year.
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This graphic from a presentation to Clay County officials on Thursday, August 8, 2024 shows the two types of taxes ineligible for the senior property tax freeze program: debt obligations and the ...
Tens of thousands of homeowners around Kansas City could qualify for property tax credits, but county officials need to set up the relief programs first. New Missouri law can only freeze property ...
As of 2022, there were 985 charging stations in Missouri. [3] The Infrastructure Investment and Jobs Act, signed into law in November 2021, allocates US$99 million to charging stations in Missouri. [4]