Missouri § 151.050 State tax commission to determine value if company fails to report.

Missouri Statutes

§ 151.050 — State tax commission to determine value if company fails to report.

Missouri § 151.050

Title XTAXATION AND REVENUE

Ch. 151Taxation of Railroads and Street Railroads

This text of Missouri § 151.050 (State tax commission to determine value if company fails to report.) 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. § 151.050 (2026).

Text

Should any railroad company fail to make and return to the state tax commission and county clerks, on the proper forms, any of the reports required by the foregoing provisions of this chapter, the state tax commission shall ascertain the property of such company, from the best information they can obtain, and shall fix the value thereof; which value shall serve as the base from which the four percent penalty provided in section 151.020 is calculated.

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Should any railroad company fail to make and return to the state tax commission and county clerks, on the proper forms, any of the reports required by the foregoing provisions of this chapter, the state tax commission shall ascertain the property of such company, from the best information they can obtain, and shall fix the value thereof; which value shall serve as the base from which the four percent penalty provided in section 151.020 is calculated.