Tax Break Tracker Individual Entry
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
Reporting Jurisdiction:
Missouri
Jurisdiction type
:
State
Fiscal year ending In:
2018
Program name:
Data Center Sales Tax Exemption
Program purpose
:
Technology (DC)
Statutory authority
:
Revised Statutes of Missouri Section 144.810
Abating jurisdiction(s)
:
State of Missouri
Applicable taxes:
Sales and Use Taxes
Method of abatement
:
Tax exemption
Provisions for recapture
:
Taxes may be subject to recapture if the full investment projected is not met or if the jobs created are not maintained, causing the cost/benefit to the State to be negative, or if the company does not meet the minimum thresholds. Taxes will be recaptured up to the amount that creates a positive cost/benefit to the state, or if the company does not meet the minimum thresholds, the full exemptions to date must be repaid.
Gross revenue loss
:
not reported
Reimbursement / offset
:
not reported
Net revenue loss
:
not reported
Type of loss
:
Active
Additional notes on dislosure:
The amount that state taxes were reduced is confidential under Section 32.057, RSMo.