Missouri Bill Reintroduces R&D Tax Credit and Changes to State and Local Tax Treatment and MO Works Program
Anders CPA
MAY 24, 2022
While Missouri offers a sales tax exemption for research and development (R&D) purchases made within the state, Missouri has been without a state R&D tax credit since the program expired in 2005. This pending legislation would set aside $10 million for a new R&D tax credit to help businesses finance innovation.
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