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Missouri also imposes a use tax on tangible personal property that is stored, used, or consumed in Missouri but not subject to the sales tax. [ 11 ] In addition to the state sales tax rate, counties, cities, and other political subdivisions are permitted to impose their own sales taxes. [ 12 ]
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]
In 1973, residents voted for a sales tax of 0.5% over the six counties served by RTD for ten years; 20% of the funds would be used for expanded bus services and the other 80% was earmarked for PRT construction, although that project was later scrapped. The tax became effective January 1, 1974 and was raised to 0.6% on May 1, 1983. [7]
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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 ...
A football stadium tax which expired December 31, 2011, but still has a mass transit tax, and scientific and cultural facilities tax. The total sales tax varies by city and county. Total sales tax on an item purchased in Falcon, Colorado, would be 5.13% (2.9% state, 1.23% county, and 1% PPRTA). The sales tax rate in Larimer County is roughly 7.5%.
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