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:
2019
Program name:
Development Tax Credit
Program purpose:
Job creation
:
Statutory authority:
Sections 32.100-32.125, RSMo
:
Abating jurisdiction(s):
State of Missouri
:
Applicable taxes:
Income Tax; Corporate Franchise Tax; Insurance Premium Tax; Bank Tax; Other Financial Institutions 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:
$374,000
:
Reimbursement / offset:
$0
:
Net revenue loss:
$374,000
:
Type of loss:
Active
:
Additional notes on dislosure:
(none)
