Missouri § 135.277 Taxable income of retained business facility exempt from income taxation, amount.

Missouri Statutes

§ 135.277 — Taxable income of retained business facility exempt from income taxation, amount.

Missouri § 135.277

Title XTAXATION AND REVENUE

Ch. 135Tax Relief

This text of Missouri § 135.277 (Taxable income of retained business facility exempt from income taxation, amount.) is published on Counsel Stack Legal Research, covering Missouri primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mo. Rev. Stat. § 135.277 (2026).

Text

The provisions of chapter 143 notwithstanding, one-half of the Missouri taxable income attributed to an approved retained business facility that is earned by a taxpayer operating the approved retained business facility may be exempt from taxation under chapter 143 .  That portion of income attributed to the retained business facility shall be determined in a manner prescribed in paragraph (b) of subdivision (9) of section 135.276 , except that compensation paid to truck drivers, rail, or barge vehicle operators shall be excluded from the fraction.

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The provisions of chapter 143 notwithstanding, one-half of the Missouri taxable income attributed to an approved retained business facility that is earned by a taxpayer operating the approved retained business facility may be exempt from taxation under chapter 143 . That portion of income attributed to the retained business facility shall be determined in a manner prescribed in paragraph (b) of subdivision (9) of section 135.276 , except that compensation paid to truck drivers, rail, or barge vehicle operators shall be excluded from the fraction.