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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]
The U.S. state of Missouri first required its residents to register their motor vehicles in 1907. Registrants provided their own license plates for display until 1911, when the state began to issue plates. [1] As of 2024, plates are manufactured at the Jefferson City Correctional Center and are issued by the Missouri Department of Revenue. [2]
In lieu of auto insurance, individuals can either (1) deposit $10,000 in cash, stocks, or bonds with the State Treasurer [34] who will issue a receipt [35] or (2) obtain a motor vehicle liability bond equal to the state minimum limits. [36] Michigan: 20/40/10: Minnesota: 30/60/10: Mississippi: 25/50/25 [37] Missouri: 25/50/10: Montana: 25/50/10 ...
Department of Public Safety Motor Vehicle Licensing Division Driver licensing is handled by the Mississippi Department of Public Safety, [34] while the Motor Vehicle Licensing Division is a division of the Mississippi Department of Revenue. [35] Missouri: Missouri Department of Revenue: Montana: Motor Vehicle Division
The tax horsepower or taxable horsepower was an early system by which taxation rates for automobiles were reckoned in some European countries such as Britain, Belgium, Germany, France and Italy; some US states like Illinois charged license plate purchase and renewal fees for passenger automobiles based on taxable horsepower.
In the United States, vehicle registration plates, known as license plates, are issued by a department of motor vehicles, an agency of the state or territorial government, or in the case of the District of Columbia, the district government. [1] Some Native American tribes also issue plates. [2]
The monitoring of federal spending and taxation and its variation between states in the United States began in 1977 under a query run by Daniel Patrick Moynihan, Democratic senator of New York. The query was designed to determine whether the state of New York was paying more in taxes than it was receiving in federal spending.
An employer in the United States may provide transportation benefits to their employees that are tax free up to a certain limit. Under the U.S. Internal Revenue Code section 132(a), the qualified transportation benefits are one of the eight types of statutory employee benefits (also known as fringe benefits) that are excluded from gross income in calculating federal income tax.