Missouri § 148.720 Corporate income tax reduction, when.

Missouri Statutes

§ 148.720 — Corporate income tax reduction, when.

Missouri § 148.720

Title XTAXATION AND REVENUE

Ch. 148Taxation of Financial Institutions

This text of Missouri § 148.720 (Corporate income tax reduction, when.) 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. § 148.720 (2026).

Text

1.For all tax years beginning in a calendar year in which there is a reduction in the rate of tax imposed under section 143.071 , there shall be a corresponding and proportional reduction in the rate of tax imposed under sections 148.030 , 148.140 , and 148.620 . The reduced rate shall be the applicable rate in each subsequent calendar year.

2.The reduction specified under subsection 1 of this section shall occur each year there is a reduction in the rate of tax imposed under section 143.071 , including a reduction in the rate of tax by operation of another law or by the constitution.

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1. For all tax years beginning in a calendar year in which there is a reduction in the rate of tax imposed under section 143.071 , there shall be a corresponding and proportional reduction in the rate of tax imposed under sections 148.030 , 148.140 , and 148.620 . The reduced rate shall be the applicable rate in each subsequent calendar year.

2. The reduction specified under subsection 1 of this section shall occur each year there is a reduction in the rate of tax imposed under section 143.071 , including a reduction in the rate of tax by operation of another law or by the constitution.