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Tobacco taxes. Missouri imposes a tax on the sale of cigarettes paid by the wholesaler and passed on to the final purchaser. The tax rate is 8 1⁄2 mills per cigarette or 17 cents per pack of 20. St. Louis County and Jackson County also impose their own cigarette taxes. The tax rate is 2 1⁄2 mills per cigarette or 5 cents per pack of 20 ...
“Once a taxpayer’s property value is over $550,000, the taxpayer’s application would be denied for the current tax year and the full tax amount would be due by Dec. 31.”
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The Missouri Employers Mutual Insurance Company was created in 1993 "as an independent public corporation for the purpose of insuring Missouri employers against liability for workers' compensation, occupational disease and employers' liability coverage." In 2012 a bill was filed over MEM's tax exempt status as a state sponsored entity.
In Texas, voters in November approved a plan cutting property taxes by $18 billion. Missouri residents could see a roughly $138 million tax break under legislation passed Thursday by the House in ...
A "mirror" tax is a tax in a U.S. dependency in which the dependency adopts wholesale the U.S. federal income tax code, revising it by substituting the dependency's name for "United States" everywhere, and vice versa. The effect is that residents pay the equivalent of the federal income tax to the dependency, rather than to the U.S. government.
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 ...
AARP Foundation Tax-Aide, in its 46th year, is the nation’s largest free tax assistance and preparation service, giving special attention the older population. You do not need to be a member of ...
By Rudi Keller, Missouri Independent July 3, 2022 An avalanche of tax revenue is bulging Missouri’s treasury, but tax rebates approved by lawmakers won’t be coming to taxpayer bank accounts.
Missouri’s total spending has grown from about $26.4 billion in the 2019 fiscal year to $38.2 billion in 2023. But much of that growth represents one-time federal pandemic aid that is rapidly ...