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.