Missouri § 148.210 Credit institution subject to tax for year in which franchise is received.

Missouri Statutes

§ 148.210 — Credit institution subject to tax for year in which franchise is received.

Missouri § 148.210

Title XTAXATION AND REVENUE

Ch. 148Taxation of Financial Institutions

This text of Missouri § 148.210 (Credit institution subject to tax for year in which franchise is received.) 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. § 148.210 (2026).

Text

Each credit institution, subsequent to the effective date of sections 148.120 to 148.230 shall be subject to the tax imposed by said sections for the calendar year in which it receives its certificate or franchise authorizing it to engage in business in this state for the portion of the calendar year unelapsed and with credit against said tax for all taxes and contributions for which credit is permitted by section 148.140 , which taxes or contributions are paid during the portion of the calendar year unelapsed on the date borne by its certificate or franchise.  For each other taxable year, each credit institution shall be subject to all the provisions of sections 148.120 to 148.230 .  Any tax imposed by said sections due for the calendar year in which the taxpayer receives its certificate 

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Each credit institution, subsequent to the effective date of sections 148.120 to 148.230 shall be subject to the tax imposed by said sections for the calendar year in which it receives its certificate or franchise authorizing it to engage in business in this state for the portion of the calendar year unelapsed and with credit against said tax for all taxes and contributions for which credit is permitted by section 148.140 , which taxes or contributions are paid during the portion of the calendar year unelapsed on the date borne by its certificate or franchise. For each other taxable year, each credit institution shall be subject to all the provisions of sections 148.120 to 148.230 . Any tax imposed by said sections due for the calendar year in which the taxpayer receives its certificate or franchise shall be payable by each credit institution to which this section applies to the director on or before June first of the year following the year in which it receives its certificate or franchise.