The Sales Tax Connection

  • Welcome to the Sales Tax Connection!

    Our goal is to provide you with some interesting news about sales tax around the globe and give you links to other sites that you might find helpful. If you find something important is missing, or would like us to cover a specific topic, please leave us a comment. Remember to visit often as the website will be updated frequently with new items. As often as sales tax changes, so will we!
  • SalesTaxConnect on Twitter

    Error: Twitter did not respond. Please wait a few minutes and refresh this page.

  • Top Posts

  • Top Clicks

  • Post History Archives

  • Disclaimer

    Tax legislation and administrative policies are complex and subject to change. Therefore, should you wish to ask for our opinion on any of the matters posted (or any sales tax matter in general), please know that the conclusions reached herein and views expressed are matters of interpretation and opinion rather than certainty. The information provided is based on understanding of the facts as provided by various media sources (and you) and is not meant to represent a ruling, nor is it legally binding.

    Should you require further clarification of any of these subjects to make determinations for your business, please contact us to arrange a formal agreement for consulting services. We can help you work directly with the taxing jurisdiction to obtain a written interpretation from the appropriate tax department or pursue the matter for you via required methods.

    If I am unable to assist you, I'll gladly promote others in the industry who I think are worthy.

  • Blog Stats

    • 300,921 Hits to date.

MO – near Month Long Sales Tax Holiday in the making!?!

Posted by salestax on April 24, 2009

I had to read it twice, but it’s true.  It’s not completely passed yet, but the MO house has passed House Bill No. 952 which would approve a sales tax holiday on all items purchased from July 4th-31st of each year for the next six years; if reauthorized when the six years is up, the next sunset will not be for an additional 12 years. 

It will be known as the “Independence Day Sales Tax Holiday” and would be effective this year if passed by the State Senate and signed by the MO Governor.

Noteworthy points:  1.  This is just a holiday specific for the State portion of sales taxes paid in the state of MO.  Local jurisdictions will have the discretion on whether to follow suite.  2. This is for all tangible personal property and services bought at retail.  There doesn’t seem to be a carve out for business purchases or automobiles. 

I will definitely track to see how this one ends and update this post when it either passes or becomes dead.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

 
%d bloggers like this: