Missouri § 92.040 Taxation and licensing of merchants and manufacturers by certain cities, exemptions.

Missouri Statutes

§ 92.040 — Taxation and licensing of merchants and manufacturers by certain cities, exemptions.

Missouri § 92.040

Title VIICITIES, TOWNS AND VILLAGES

Ch. 92Taxation in St. Louis, Kansas City, and Certain Other Cities

This text of Missouri § 92.040 (Taxation and licensing of merchants and manufacturers by certain cities, exemptions.) 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. § 92.040 (2026).

Text

For the purpose of state, county, and municipal taxes, merchandise held by merchants and the raw material, merchandise, finished products, tools, machinery and appliances used or kept on hand by manufacturers shall constitute a class separate and distinct by itself.  All cities in this state having a population of over three hundred thousand inhabitants are authorized to levy for local purposes a less ad valorem rate of taxation than that levied by them on real estate or other property for the same purpose, and such reductions may from time to time be arranged to apply on both or either the tax rate for payments of valid indebtedness or the tax rate for city purposes.  All such cities, for city and local purposes, are hereby authorized to license, tax and regulate the occupation of merchan

Free access — add to your briefcase to read the full text and ask questions with AI

For the purpose of state, county, and municipal taxes, merchandise held by merchants and the raw material, merchandise, finished products, tools, machinery and appliances used or kept on hand by manufacturers shall constitute a class separate and distinct by itself. All cities in this state having a population of over three hundred thousand inhabitants are authorized to levy for local purposes a less ad valorem rate of taxation than that levied by them on real estate or other property for the same purpose, and such reductions may from time to time be arranged to apply on both or either the tax rate for payments of valid indebtedness or the tax rate for city purposes. All such cities, for city and local purposes, are hereby authorized to license, tax and regulate the occupation of merchants and manufacturers, and may graduate the amount of annual license imposed upon a merchant or manufacturer in proportion to the sales made by such merchant or manufacturer during the year next preceding any fixed date; provided, however, that no such license, tax, or regulation shall apply to grain and other agricultural crops in an unmanufactured condition, as defined in section 137.010 , which are subject to assessment, valuation, and taxation under subsection 3 of section 137.115 .

Legislative History

(RSMo 1939 §§ 7743, 7744, 10942, A.L. 1945 p. 1799 § 6, A.L. 1981 S.B. 13) Prior revisions: 1929 §§ 7595, 7596, 9748; 1919 §§ 9005, 9006, 12758; 1909 §§ 9856, 9857, 11340 Effective 1-01-82 Farmer selling own produce, exempt from license tax, 71.630, 150.030 Merchants and manufacturers tax, assessment equalization and collection in St. Louis City, 150.090, 150.350 (1954) License tax in fourth class city on merchants fixed on the basis of the aggregate amount of all sales made during preceding fiscal year held valid as against contention grant of such power to cities governed by section 92.040 deprived other cities of power to levy such tax. City of Flordell Hills v. Hardekopf (A.), 271 S.W.2d 256.