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What is the proper standard for appraising the real and personal property of a gambling casino for tax purposes?
The Missouri Supreme Court opened with this query, a question which by the end of the opinion the high court answered with a definitive [by] the property's highest and best use as a gaming facility.
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The Missouri State Tax Commission has ruled that Boone County overvalued 3M's personal property tax in 2004 by more than $36 million, ending the company's nearly four-year tax appeal and resulting in a refund of almost $1 million.
The full commission in October upheld the decision of a senior hearing officer to set side Boone County's $56.8 million valuation of 3M's personal business property, agreeing with the company's estimate of about $20 million.
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What is the proper standard for appraising the real and personal property of a gambling casino for tax purposes?
The Missouri Supreme Court opened with this query, a question which by the end of the opinion the high court answered with a definitive [by] the property's highest and best use as a gaming facility.
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A recent Missouri Supreme Court ruling could cost cities tens of thousands of dollars in sales tax revenue on vehicle purchases.
The Craig A. Street v. Missouri Department of Revenue decision rules that Missouri's sales tax is limited to purchases within the state's borders. As a result, cities can no longer collect local sales taxes on out-of-state vehicle sales or person-to-person vehicle sales.
... that stores, uses, or consumes tangible personal property in Missouri. More than 30 counties in Mis...
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... in 1980, a Georgia statute imposed a property tax on the fair market value of the shares of stoc... that 3701 requires must begin with Missouri ex rel. Missouri Ins. Co. v. Gehner, 281 U.S. 313... of 3701, a Missouri tax imposed upon the personal property of an insurance company. The tax base at ...
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... Law, which resulted in the forfeiture of property purchased in his name with funds advanced by his p... broadening of "liberty" to include personal, political and social rights and privileges. Nonet... Webster upheld two aspects of a Missouri statute regulating abortions: a prohibition on the...
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The recent flap in St. Charles County regarding late tax billings was about human nature and changing times as much as it was about government inefficiency.
To recap: The St. Charles County Collector of Revenue last year mailed out late real estate and personal property tax bills. Michelle McBride, the collector, blamed the delay on a vendor's computer software. People sometimes stood in line for hours during the last couple of weeks of December to pay their bills before the end-of-the-year deadline. As it turned out, right after New Year's Day the County Council voted to extend the deadline to Jan. 23.
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... court erred in finding that the Missouri personal property tax as applied to BSNR's rolling stock di...
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A St. Louis-based company is entitled to a refund of the use tax it paid when it bought raw granite slabs it used to make countertops, the Missouri Supreme Court said today.
The director of revenue denied the refund request and argued on appeal that the granite countertops become a fixture of a home and are not tangible personal property. For an item to be a "product," it must be tangible personal property, the director argued, relying on prior state Supreme Court decisions.
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... of the potential employment and personal income gains, changes in R&D investments, and tax ...Singapore "R&D and Intellectual Property Management Hub Scheme" offers U.S. companies a 5-y... 2004 7.0% 0.5% Illinois 1990 6.5% 0.5% Missouri 1994 6.5% 0.5% Maine 1996 5.0% 0.4% Kansas 1988 6....