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:
Missouri Works - Business Incentives
Program purpose
:
Job creation/retention
Statutory authority
:
Revised Statutes of Missouri Sections 620.2000-620.2020
Abating jurisdiction(s)
:
State of Missouri
Applicable taxes:
Income Tax; Bank Tax; Insurance Premium Tax; Financial Institutions Tax
Method of abatement
:
Tax credit; retention of withholding tax
Provisions for recapture
:
Taxes may be recaptured due to misrepresentation, out-of-state relocation, or failure to file an annual report.
Gross revenue loss
:
$56,399,000
Reimbursement / offset
:
$0
Net revenue loss
:
$56,399,000
Type of loss
:
Active
Additional notes on dislosure:
(none)