CCS/HCS/SS/SB 860 - This act modifies provisions relating to taxation.
INFORMATION REQUESTED BY THE ST. LOUIS COUNTY ASSESSOR (137.133)
This act requires the St. Louis County Assessor to place on correspondence with taxpayers a statement that disclosure of information is voluntary and will become public record if disclosed. This provision does not apply to requests for information regarding the required listing of property or listing of lessees.
This provision is similar to a provision in CCS/SCS/HB 1553 (2014) CCS/HCS/SB 584 (2014), and CCS#2/HCS/SB 693 (2014).
EMPLOYER INCOME TAX WITHHOLDING (143.221)
Currently, an employer is allowed to file an annual withholding tax return instead of four quarterly returns when the aggregate amount withheld is less than $20 in each of the four preceding quarters. The act changes the amount to less than $100 in each of the four preceding quarters if the employer is not otherwise required to file a withholding return on a quarterly or monthly basis.
This provision is identical to HB 1224 (2014) and HB 105 (2013). This provision is similar to a provision in the perfected version of HB 1174 (2014), CCS/HCS/SB 584 (2014), the perfected version of HCS/HBs 1253 & 1297 (2014), the perfected version of HCS/HB 1295 (2014), HB 2073 (2014), and the perfected version of HB 253 (2013).
SALES TAX EXEMPTION FOR USED MANUFACTURE HOMES (144.044)
This act creates a state and local sales and use tax exemption for used manufactured homes.
This provision is substantially similar to HB 1765 (2014). This provision is substantially similar to a provision contained in CCS/HCS/SB 584 (2014), HCS/SCS/SB 777 (2014), and CCS#2/HCS/SB 693 (2014).
SCHOOL SUPPLIES SALES TAX HOLIDAY (144.049)
This act expands the sales tax holiday for school supplies to include graphing calculators with a value of $150 or less.
This provision is identical to HB 1165 (2014). This provision is similar to a provision in SCS/HCS/HB 1296 (2014) and CCS/HCS/SB 584 (2014).
ADVERTISING ASSUMPTION OF SALES TAX (Section 144.080)
Currently, sellers are prohibited from advertising or holding out to customers that sales tax will be assumed or absorbed by the seller. This act removes this prohibition, provided that the seller states the amount of tax assumed or absorbed on the invoice or receipt for the sale.
This provision is similar to HB 1296 (2014). This provision is similar to a provision in HB 1477 (2014), HCS/SB 607 (2014), CCS/HCS/SB 584 (2014), and CCS/HCS/SB 662 (2014).
SALES AND USE TAX REFUND (144.190)
This act provides that for a sales tax refund to be offset by the Department of Revenue, the assessment of an offset must no longer be subject to an appeal.
This provision is identical to HB 2218 (2014) and to a provision in HCS/SB 584 (2014).