Missouri § 143.271 Period for computation of taxable income.

Missouri Statutes

§ 143.271 — Period for computation of taxable income.

Missouri § 143.271

Title XTAXATION AND REVENUE

Ch. 143Income Tax

This text of Missouri § 143.271 (Period for computation of taxable income.) 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. § 143.271 (2026).

Text

1.For purposes of taxes imposed by sections 143.011 to 143.996 , a taxpayer's taxable year shall be the same as his taxable year for federal income tax purposes.

2.If a taxpayer's taxable year is changed for federal income tax purposes, his taxable year for purposes of the tax imposed by sections 143.011 to 143.996 shall be similarly changed. If a change in taxable year results in a taxable period of less than twelve months, the deductions allowed by sections 143.011 to 143.996 shall be prorated under regulations prescribed by the director of revenue.

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1. For purposes of taxes imposed by sections 143.011 to 143.996 , a taxpayer's taxable year shall be the same as his taxable year for federal income tax purposes.

2. If a taxpayer's taxable year is changed for federal income tax purposes, his taxable year for purposes of the tax imposed by sections 143.011 to 143.996 shall be similarly changed. If a change in taxable year results in a taxable period of less than twelve months, the deductions allowed by sections 143.011 to 143.996 shall be prorated under regulations prescribed by the director of revenue.