Each individual entry is a single program reported by a single jurisdiction in a given fiscal year. Because we want to track the level and quality of disclosure as well as the content, the values below -- with the exception of program names -- are entered exactly as they are reported. See our user guide for more explanations.
| State: | Missouri |
| Effected Jurisdiction: | Missouri |
Jurisdiction type: | State |
| Fiscal year ending In: | 2022 |
| Program name: | Development Tax Credit |
| Program purpose: | Job Creation/Retention |
| Statutory authority: | Revised Statutes of Missouri Sections 32.100-32.125 |
| Abating jurisdiction(s): | State of Missouri |
| Applicable taxes: | Income Tax; Corporate Franchise Tax; Bank Tax; Insurance Premium Tax; Financial Institutions Tax; Express Company Tax |
| Method of abatement: | Tax Credit |
| Provisions for recapture: | DED may recapture tax credits up to the amount issued if the non-profit fails to complete the project or comply with the agreement.The non-profits only and not the donors are subject to the recapture. |
| Gross revenue loss: | $178,000 |
| Reimbursement / offset: | $0 |
| Net revenue loss: | $178,000 |
| Type of loss: | Active |
| Additional notes on dislosure: | (none) |
| Document source: | https://acct.oa.mo.gov/media/report/annual-comprehensive-financial-repor... |
