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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]
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%.
Total new-vehicle sales for February 2025, including retail and non-retail transactions, are projected to reach 1.24 million, a 3.5% increase from a year earlier. ... The report added that factors ...
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 ...
The city was incorporated on a promise to keep city taxes at 1%. (One of the campaigns against incorporation appealed to voters to maintain the 3.8% sales tax of the unincorporated county.) According to the Centennial website, the current sales tax rate is two-and-a-half times the promised rate, at 2.5%.
Car loan interest is tax deductible only if you use the car for business. Before you claim the deduction, make sure your car-related expenses qualify and track down all supporting documentation.
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]