Missouri Statute | Act | Code |Taxation And Revenue| US Code - US Statute | Chapter 146 Intangible Personal Property Tax

1. Intangible personal property shall be deemed to have a
taxable situs in this state for the purpose of being subject to a
property tax for the year 1947 and each succeeding year, where, at any
time during the calendar year preceding the year for which the property
is subject to said tax, the legal title thereto is owned by a person
domiciled in this state, or by a domestic corporation, or where said
intangible property acquires a business situs in this state when the
legal title thereto is owned by a person not domiciled in this state, or
by a foreign corporation.

2. In all cases where both the persons holding or owning the legal title
and the equitable title or beneficial interest in the same property are
domiciled in this state, only the holder of the legal title shall be
liable for such tax. In all cases where the legal title is not held in
this state the person holding the equitable title or beneficial interest
shall be liable for the tax. Intangible personal property the legal title
to which is held or owned by a person domiciled in this state in the
fiduciary capacity by virtue of conveyance or disposition of a
nonresident person shall not be deemed to have a situs in this state
solely because of the fiduciary title thereto. (L. 1945 p. 1914 § 6)

1. On or before the fifteenth day of January of each year every
county treasurer shall mail to each intangible taxpayer as listed by the
director of revenue, and to such other persons as he may have reason to
believe may be possessed of taxable intangible property a form prescribed
and furnished by the director of revenue, together with a brief statement
of what is required of the taxpayer under sections 146.055 and 146.056.
Every county treasurer shall mail, on or before the first day of February
of each year, to the director of revenue, a list of the additional names
to whom he has mailed said form, which said list of additional names
shall be added to the list held by the director of revenue as those who
have intangible personal property subject to taxation.

2. The county treasurer shall keep all such lists strictly confidential
and shall not reveal the contents thereof to any person except as herein
provided. (L. 1951 p. 867 § 2)

Every person who is liable for any tax pursuant to the
provisions of this chapter and who fails to pay the same when it is due
shall be required to pay as part of such tax interest thereon at the rate
determined by section 32.065, RSMo, from such time, and the method of
collecting the tax and penalty shall be the same as provided by law in
the case of delinquent income taxes. (L. 1945 p. 1914 § 11, A.L. 1982
H.B. 1351, et al.)

No estate in which there is intangible personal property subject
to tax under this chapter shall be closed without the payment of the tax
levied under this chapter, both in respect to the liability of the estate
and the decedent prior to his death. In all estates in which there is
intangible personal property subject to tax under this chapter, a return
shall be filed by the fiduciary with the director of revenue, within
thirty days of filing of the final or annual settlement with the probate
division of the circuit court. (L. 1945 p. 1914 § 12, A.L. 1978 H.B. 1634)

Effective 1-2-79

The director of revenue may, for good cause shown, extend the
time for filing said property tax returns on intangibles; provided,
however, that taxes due on such return shall bear interest at the rate of
one percent per month, or part thereof, from the last date on which the
return should have been filed. (L. 1945 p. 1914 § 10)

Every person who fails or refuses to make the return required by
this chapter; or who makes any false or fraudulent return or false
statement in any return, with intent to evade the payment of the tax or
any part thereof, imposed by this chapter; or who aids or abets another
in any attempt to evade the payment of the tax, or any part thereof,
imposed by this chapter; and every officer or employee of any company or
association who shall make or participate in the making of any false
return, or any false statement in any return required by this chapter,
with the intent to evade the payment of any tax hereunder, shall, upon
conviction, be deemed guilty of a misdemeanor. (L. 1945 p. 1914 § 13)

Usa-missouri Law Firm / Lawyers Services Provided in Usa-missouri :

Usa-missouri Divorce Laws, custody, Usa-missouri Corporate Lawyers, Agreement, provident fund, Registered marriage, Court marriage Lawyers, Special/ Foreign marriage, Incorporation of company, Rent, eviction, tenancy, Lease Lawyers, Usa-missouri Labour laws, Appeals, Supreme Court Lawyers, High Court Lawyers, Bail, medical, negligence, Insurance claims/ accidents Lawyer, Usa-missouri Citizenship/ immigration Lawyers, Copyright Laws, Consumer, district Lawyer, State, national, Dowry, Wills & Probate, Trust & Estates Lawyers, Intellectual Property Lawyer, Bankrupt Lawyers, Banking & Finance, Corporate, Private Business Law, Recovery, Joint Venture & Mergers, Consumer, Civil Right Law Usa-missouri, Medical Negligence, Medical Malpractice, legal notice, summons, Income Tax Lawyers, sales, Custom Law, Excise Law, octroi, cess Civil, Criminal Solicitor Usa-missouri, Registration of property, Title search, mutation relationship, Conveyance, Transfer of Property Law, Usa-missouri Property lawyer, deeds, drafts, power of attorney, Recovery, Taxation Laws in Usa-missouri

LEGAL SERVICES

Add Lawyer
Legal Enquiry
Find a Lawyer
Bare Acts / India Codes
Statutes / Code

LAWYER BY LOCATION

India Lawyer
United State Lawyer
UAE Lawyer
Canada Lawyer
Find More...

LAW PRACTICE AREA

Business Law
Employment & Labor Law
Govt. Agencis & Taxtion
Family Law
Real Estate Property Law
Immigration Law

ABOUT HELPLINELAW

About Us
Contact Us
Services
Site Map
Recommend to Friends

This web site is designed for general information only. The information presented at this site should not be construed to be formal legal advice nor the formation of a lawyer/client relationship. Persons accessing this site are encouraged to seek independent counsel for advice in India abroad regarding their individual legal, civil criminal issues or consult one of the experts online.