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- Businesses with a significant connection or "nexus" to Missouri must register for a seller's permit, collect sales tax on taxable transactions, file returns, and remit collected tax to the state.
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What taxes does the Missouri Department of revenue collect?
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If the sales tax is included in your gross receipts, it should be backed out. To back this out, take your total amount of gross receipts, including the sales tax, divide by 100% plus your current tax rate. Example: Gross Receipts including Sales Tax = $2,500.00 Current Sales Tax Rate = 5.725% Divide $2,500 by 105.725% = $2,364.63
Table of Contents. Topic What is Sales Tax? MISSOURI DEPARTMENT OF REVENUE PO BOX 840 JEFFERSON CITY, MO 65105-0840. SALES TAX. DETAILED INSTRUCTIONS INFORMATION BOOK. You Can File Your Return Electronically. http://dor.mo.gov/online.php. Visit our website at http://dor.mo.gov/business/payonline.php for more information on e-filing your return.
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- How to File Sales Tax
- Due Dates
- Filing A Sales Tax Return Late
- Change in Business Location
- Reporting Food Sales
- Time Sales
- Sales Tax Rates
- Common Filing Mistakes to Avoid
- Applying For A Refund Or Credit
- Filing A Sales/Use Tax Return Under Protest
Depending on the number of locations you have registered under your Missouri tax identification number you will receive either a voucher booklet or a full page sales tax return to report sales for the corresponding filing period. If you do not have a sales tax return to file you may obtain one from our website herePDF Document. Sales tax returns ma...
Monthly returns are due on or before the last day of the following month. Quarterly returns are due on or before the last day of the month following the end of the quarter. For example, your return for the January through March period would be due on or before April 30. Annual returns are due on or before January 31 of the following year. Download ...
If your return is filed late interest and additions to tax may be charged. Interest may be calculated in two ways: 1. Multiply the total amount of tax due by the current annual percentage rate. Multiply the result by the number of days late. Then divide that amount by 365 (366 if within a leap year). The following are examples based on 5% interest ...
To add or close a business location, please complete a Registration Change Request Form 126 or contact a customer service representative at businesstaxregister@dor.mo.govor call (573) 751-5860. If you are adding a location it may not appear on your next preprinted form. If it does not, please write it in at the bottom of the locations listed on the...
You should not include food sales in the figures reported on the full tax rate line. Food sales should be reported on the line for food sales only. If you qualify for food sales and you do not find a location for food on your return, please contact the Taxation Division, (573) 751-5860. Nonfood Items/Food Items: The term "non-food items" include th...
If you report your sales tax on a cash basis (you report tax at the time payment is received) and you do not receive payment until after a rate change occurs, you will need to report this sale differently from your other sales. This type of transaction is considered a "time sale". To report "time sales": 1. Fill out a separate return indicating the...
To obtain the current rate for a particular city and/or county and a rate chart, you may visit our Sales/Use Tax Rate Tablesor contact us at (573) 751-2836. Most local sales tax increases/decreases take effect on the first day of each calendar quarter. Your business will only be notified of the changes that directly affect your registered business ...
Every business with a sales tax license is required to file a return even though no sales were made during the period covered by the return. Make sure you are using the correct sales tax rate for your business location. To obtain the current rate for a particular city and/or county and a rate chart, you may visit our Sales/Use Tax Rate Tablesor con...
To apply for a refund/credit of tax previously paid you must submit the following: 1. A completed Form 472S (for sellers) or Form 472P(for purchasers) 2. Amended sales/use tax returns for the periods in which the sales or purchases were originally reported 3. A worksheet supporting the refund/credit claim 4. Copies of invoices supporting the refund...
Enter what it means to file a return under Protest 1. A taxpayer may make a tax payment under protest if the taxpayer believes one or more of the transactions on which tax is remitted were not subject to tax under Missouri law You must submit the following: 1. Sales tax figures on the Form 163 for protested amounts and Form 2039for non-protested am...
In Missouri, the Taxation Division will frequently audit business sales tax returns and may issue penalties or punishments for tardy filing, incorrect reporting, willful omissions, or other violations. Penalties can range from fines to revocation of your sales tax permit depending on the infraction.
How to Register and File Taxes in Missouri. Registering for Your Missouri Sales Tax Permit. Filing Sales Tax. Missouri Sales Tax Due Dates. How to Collect Sales Tax. How to Collect Taxes on Shipping and Handling. Contact Polston Tax to Learn More About Missouri Sales Tax Rules. What Is the Sales Tax Rate in Missouri?
Filing a Missouri sales tax return is a two-step process comprised of submitting the required sales data (filing a return) and remitting the collected tax dollars (if any) to the Missouri DOR. The filing process forces you to detail your total sales in the state, the amount of sales tax collected, and the location of each sale.
To file sales tax in Missouri, you must begin by reporting gross sales for the reporting period, and calculate the total amount of sales tax due from this period. In the state of Missouri, all taxpayers have three options to file and pay their taxes.
