Effective – 19 Jun 2002 338.500. Gross retail prescriptions, tax imposed, definitions. — 1. In addition to all other fees and taxes required or paid, a tax is hereby imposed upon licensed retail pharmacies for the privilege of providing outpatient prescription drugs in this state. The tax is imposed upon the Missouri gross retail prescription […]
Effective – 19 Jun 2002 338.505. Formula for tax liability, rulemaking authority, appeals procedure. — 1. Each licensed retail pharmacy’s tax shall be based on a formula set forth in rules promulgated by the department of social services. Any rule or portion of a rule, as that term is defined in section 536.010, that is […]
Effective – 19 Jun 2002 338.510. Records to be maintained, form — report of gross receipts, information — confidentiality of information. — 1. Each licensed retail pharmacy shall keep such records as may be necessary to determine gross retail prescription receipts. 2. The director of revenue may prescribe the form and contents of any forms […]
Effective – 26 Jun 2003 338.515. Effective date of tax. — The tax imposed by sections 338.500 to 338.550 shall become effective July 1, 2003, or the effective date of sections 338.500 to 338.550, whichever is later. ——– (L. 2002 S.B. 1248, A.L. 2003 H.B. 286) Effective 6-26-03 Expires 9-30-24
Effective – 01 Jul 2003 338.520. Calculation of tax liability — notification to pharmacies — quarterly adjustment authorized. — 1. The determination of the amount of tax due shall be the monthly gross retail prescription receipts reported to the department of revenue multiplied by the tax rate established by rule by the department of social […]
Effective – 19 Jun 2002 338.530. Offset against Medicaid payments due by pharmacy permitted, when. — The director of the department of social services may offset the tax owed by a pharmacy against any Missouri Medicaid payment due such pharmacy, if the pharmacy requests such an offset. The amounts to be offset shall result, so […]
Effective – 26 Jun 2009 338.535. Remittance to department — pharmacy reimbursement allowance fund created. — 1. The pharmacy tax owed or, if an offset has been made, the balance after such offset, if any, shall be remitted by the pharmacy or the pharmacy’s designee to the department of social services. The remittance shall be […]
Effective – 19 Jun 2002 338.540. Notice requirements — unpaid or delinquent taxes, procedure for collection — failure to pay taxes, effect of. — 1. The department of social services shall notify each pharmacy with a tax due of more than ninety days of the amount of such balance. If any pharmacy fails to pay […]
Effective – 28 Sep 2021, 11 histories 338.550. Expiration date of tax, when. — 1. The pharmacy tax required by sections 338.500 to 338.550 shall expire ninety days after any one or more of the following conditions are met: (1) The aggregate dispensing fee as appropriated by the general assembly paid to pharmacists per prescription […]
