Gov. Nixon OKs easing taxes for Missouri-based companies

1 year 10 months 3 weeks ago May 06, 2015 May 6, 2015 Wednesday, May 06 2015 Wednesday, May 06, 2015 6:49:00 PM CDT in News
By: The Associated Press

JEFFERSON CITY (AP) - Service and technology companies based in Missouri will have the option of calculating their taxes in a way that supporters of the measure say avoids double taxation.

Gov. Jay Nixon signed a bill Wednesday that gives more companies a tax calculation option that lawmakers say they always intended to apply to all businesses, not just manufacturing companies.

The measure updates a 2013 law that Republican Sen. Will Kraus, the bill sponsor, said was interpreted incorrectly by the state Department of Revenue.

Nixon said the clarification guarantees a level playing field for technology and service-based businesses.

Representatives from H&R Block and Cerner testified in support of the measure in a Senate hearing earlier this year.

 

More News

Grid
List
JEFFERSON CITY, Mo. (AP) — Missouri residents are one step closer to being able to get a driver's license that... More >>
1 hour ago March 30, 2017 Mar 30, 2017 Thursday, March 30 2017 Thursday, March 30, 2017 4:00:00 PM CDT in News
KINLOCH, Mo. (AP) — Police say human remains found last month in the St. Louis suburb of Kinloch are those... More >>
1 hour ago March 30, 2017 Mar 30, 2017 Thursday, March 30 2017 Thursday, March 30, 2017 3:51:00 PM CDT in News
COLUMBIA - The Missouri Emergency Medical Service Association (MEMSA) and the University Hospital collaborated to bring new technologies and medical... More >>
1 hour ago March 30, 2017 Mar 30, 2017 Thursday, March 30 2017 Thursday, March 30, 2017 3:43:00 PM CDT in News
JEFFERSON CITY – Despite making up more than half of the American population, women only make up 24.8 percent of... More >>
2 hours ago March 30, 2017 Mar 30, 2017 Thursday, March 30 2017 Thursday, March 30, 2017 3:32:20 PM CDT in News
JEFFERSON CITY, Mo. (AP) — The Missouri House has passed a bill that would repeal the state's "prevailing wage" law... More >>
2 hours ago March 30, 2017 Mar 30, 2017 Thursday, March 30 2017 Thursday, March 30, 2017 3:15:00 PM CDT in News
JEFFERSON CITY - Gov. Eric Greitens announced Thursday that Anna Hui will become the new Director of the Department of... More >>
2 hours ago March 30, 2017 Mar 30, 2017 Thursday, March 30 2017 Thursday, March 30, 2017 3:03:00 PM CDT in Top Stories
SEDALIA - Two Pettis County Ambulance District (PCAD) employees were arrested Wednesday on suspicion of stealing from the organization. ... More >>
3 hours ago March 30, 2017 Mar 30, 2017 Thursday, March 30 2017 Thursday, March 30, 2017 2:34:00 PM CDT in News
JEFFERSON CITY (AP) — The Missouri House passed a bill overturning a St. Louis ordinance that seeked to protect women... More >>
4 hours ago March 30, 2017 Mar 30, 2017 Thursday, March 30 2017 Thursday, March 30, 2017 12:38:00 PM CDT in News
Updated 3/30 4:00 Two other people, 51-year-old Donald Nussbaum and 56-year-old James McChan, were charged Thursday with allegedly taking... More >>
6 hours ago March 30, 2017 Mar 30, 2017 Thursday, March 30 2017 Thursday, March 30, 2017 11:18:00 AM CDT in News
JEFFERSON CITY - The president of Lincoln University traveled to the nation's capital Thursday to seek higher funding for higher... More >>
6 hours ago March 30, 2017 Mar 30, 2017 Thursday, March 30 2017 Thursday, March 30, 2017 10:59:00 AM CDT in News
TROY (AP) — An eastern Missouri woman has been ordered to spend 60 days in prison for her role in... More >>
7 hours ago March 30, 2017 Mar 30, 2017 Thursday, March 30 2017 Thursday, March 30, 2017 10:00:00 AM CDT in News
PINEVILLE (AP) — A jury in southwestern Missouri's McDonald County has convicted a man of a lesser felony domestic assault... More >>
7 hours ago March 30, 2017 Mar 30, 2017 Thursday, March 30 2017 Thursday, March 30, 2017 9:54:00 AM CDT in News
JEFFERSON CITY (AP) — A grand jury in Missouri's Cole County has indicted a Jefferson City man in connection with... More >>
7 hours ago March 30, 2017 Mar 30, 2017 Thursday, March 30 2017 Thursday, March 30, 2017 9:45:00 AM CDT in News
ST. LOUIS (AP) — St. Louis Zoo officials said a new $11-million grizzly bear exhibit is expected to open in... More >>
8 hours ago March 30, 2017 Mar 30, 2017 Thursday, March 30 2017 Thursday, March 30, 2017 9:13:00 AM CDT in News
JEFFERSON CITY, Mo. (AP) — Missouri's Republican-led House has squashed an attempt by Democrats to expand Medicaid eligibility. Members... More >>
18 hours ago March 29, 2017 Mar 29, 2017 Wednesday, March 29 2017 Wednesday, March 29, 2017 11:25:00 PM CDT in News
COLUMBIA - Less than a week away from election day, and Columbia City Council candidates are still working to out... More >>
19 hours ago March 29, 2017 Mar 29, 2017 Wednesday, March 29 2017 Wednesday, March 29, 2017 9:49:00 PM CDT in News
JEFFERSON CITY - People looking for jobs and education opportunities will have the chance to meet employers and educators at... More >>
20 hours ago March 29, 2017 Mar 29, 2017 Wednesday, March 29 2017 Wednesday, March 29, 2017 9:31:00 PM CDT in News
ST. LOUIS (AP) — Prosecutors say a Nigerian citizen living in St. Louis was part of a stolen identity fraud... More >>
22 hours ago March 29, 2017 Mar 29, 2017 Wednesday, March 29 2017 Wednesday, March 29, 2017 6:35:00 PM CDT in News
Columbia, MO
Broken Clouds 51°
6pm 56°
7pm 55°
8pm 53°
9pm 51°

Select a station to view its upcoming schedule:

Coming Up Next

5:00p
KOMU 8 News @ 5
5:30p
NBC Nightly News with Lester Holt
6:00p
KOMU 8 News @ 6
5:00p
American Dad!
5:30p
American Dad!
6:00p
Family Guy

Tonight's Schedule

7:00p
Superstore
7:30p
Powerless
8:00p
Chicago Med
9:00p
The Blacklist: Redemption
7:00p
Supernatural
8:00p
Riverdale
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld