Effective – 02 Jan 2023, 5 histories 143.011. Resident individuals — tax rates — rate reductions, when. — 1. A tax is hereby imposed for every taxable year on the Missouri taxable income of every resident. The tax shall be determined by applying the tax table or the rate provided in section 143.021, which is […]
Effective – 02 Jan 2023, 2 histories 143.021. Tax determined by rates in section 143.011 — no tax on taxable income, when. — 1. Every resident having a taxable income shall determine his or her tax from the rates provided in section 143.011. For all tax years beginning on or before December 31, 2022, there […]
Effective – 01 Jan 2019, 2 histories 143.022. Deduction for business income — business income defined — increase in percentage of subtraction, when. — 1. As used in this section, “business income” means the income greater than zero arising from transactions in the regular course of all of a taxpayer’s trade or business and shall […]
Effective – 01 Jan 1973 143.031. Combined return of husband and wife. — 1. A husband and wife who file a joint federal income tax return shall file a combined return. A husband and wife who do not file a joint federal income tax return shall not file a combined return. 2. The Missouri combined […]
Effective – 28 Aug 2014 143.041. Nonresident individual — inapplicable to out-of-state businesses and employees, when. — 1. A tax is hereby imposed for every taxable year on the income of every nonresident individual which is derived from sources within this state. The tax shall be that amount which bears the same ratio to the […]
Effective – 01 Jan 1973 143.051. Part-year resident. — 1. An individual who is a resident for only part of his taxable period shall be treated as a nonresident for purposes of sections 143.011 to 143.996. His Missouri nonresident adjusted gross income (Missouri adjusted gross income from sources within this state) shall consist of (1) […]
Effective – 01 Jan 1973 143.061. Fiduciaries. — A tax is hereby imposed upon the Missouri taxable income of fiduciaries at the same rates as applicable to resident individuals. ——– (L. 1972 S.B. 549) Effective 1-1-73
Effective – 28 Aug 2018, 2 histories 143.071. Corporations — inapplicable to out-of-state businesses, when. — 1. For all tax years beginning before September 1, 1993, a tax is hereby imposed upon the Missouri taxable income of corporations in an amount equal to five percent of Missouri taxable income. 2. For all tax years beginning […]
Effective – 28 Aug 2022, 2 histories 143.081. Credit for income tax paid to another state. — 1. A resident individual, resident estate, and resident trust shall be allowed a credit against the tax otherwise due pursuant to sections 143.005 to 143.998 for the amount of any income tax imposed for the taxable year by […]
Effective – 01 Jan 1990 143.091. Meaning of terms. — Any term used in sections 143.011 to 143.996 shall have the same meaning as when used in a comparable context in the laws of the United States relating to federal income taxes, unless a different meaning is clearly required by the provisions of sections 143.011 […]
Effective – 01 Jan 1973 143.101. Definitions. — 1. “Resident” means an individual who is domiciled in this state, unless he (1) maintains no permanent place of abode in this state, (2) does maintain a permanent place of abode elsewhere, and (3) spends in the aggregate not more than thirty days of the taxable year […]
