reglab/housing_qa huggingface dataset:
MO Rev Stat § 148.390 (2021)
2021 Missouri Revised Statutes|Title X - Taxation and Revenue|Chapter 148 - Taxation of Financial Institutions|Section 148.390 - Deductions allowed on premium receipts.

Effective - 01 Jan 1987   148.390. Deductions allowed on premium receipts. — 1. Every insurer, in computing the premium tax, shall exclude from the gross amount of premiums all premiums received from policies or contracts, issued in connection with the funding of a pension, profit-sharing plan or individual retirement annuity, qualified or exempt under sections 401, 403, 404, 408 or 501 of the United States Internal Revenue Code as now or hereafter amended, as well as all premiums paid on other annuity contracts, and may deduct from the gross amount of taxable income in addition to other authorized credits, cancelled and return premiums actually paid or credited, all life insurance dividends paid or credited and all fire, casualty and other insurance dividends including unused portion of premium deposits paid or credited; provided, title insurance companies may receive credit for the percentage of deductions designated in section 148.400 that title insurance premium bears to the total operations income.  2. In addition to the foregoing deductions, every insurer may take the following deductions from the gross amount of premiums received on policies or contracts providing health insurance benefits for the benefit of some or all of the employees of one or more employers or for the benefit of the members of a union or unions, whether or not such benefits are payable through a trustee:  (1) One-fourth of the amount of benefit payments actually made during the year beginning January 1, 1972;  (2) One-half of the amount of benefit payments actually made during the year beginning January 1, 1973;  (3) Three-fourths of the amount of benefit payments actually made during the year beginning January 1, 1974;  (4) The entire amount of benefit payments actually made during the year beginning January 1, 1975, and during each subsequent year. ­­-------- (L. 1945 p. 999 § 1, A.L. 1951 p. 840, A.L. 1963 p. 200, A.L. 1969 3d Ex. Sess. p. 90, A.L. 1971 H.B. 158, A.L. 1976 S.B. 684, A.L. 1986 S.B. 425)  Effective 1-1-87
MO Rev Stat § 148.400 (2021)
2021 Missouri Revised Statutes|Title X - Taxation and Revenue|Chapter 148 - Taxation of Financial Institutions|Section 148.400 - Deductions allowed insurance companies.

Effective - 28 Aug 2001   148.400. Deductions allowed insurance companies. — All insurance companies or associations organized in or admitted to this state may deduct from premium taxes payable to this state, in addition to all other credits allowed by law, income taxes, franchise taxes, personal property taxes, valuation fees, registration fees and examination fees paid, including taxes and fees paid by the attorney-in-fact of a reciprocal or interinsurance exchange to the extent attributable to the principal business as such attorney-in-fact, under any law of this state. Unless rejected by the general assembly by April 1, 2003, for all tax years beginning on or after January 1, 2003, a deduction for examination fees which exceeds an insurance company's or association's premium tax liability for the same tax year shall not be refundable, but may be carried forward to any subsequent tax year, not to exceed five years, until the full deduction is claimed; except that, notwithstanding the provisions of section 148.380, if any deduction is claimed through the carryforward provisions of this section, it shall be credited wholly against the general revenue fund and shall not cause a reduction in revenue to the county foreign insurance fund. ­­-------- (L. 1945 p. 993 § 6098c, A.L. 1969 3d Ex. Sess. H.B. 21, A.L. 2001 H.B. 738 merged with S.B. 193)
MO Rev Stat § 148.410 (2021)
2021 Missouri Revised Statutes|Title X - Taxation and Revenue|Chapter 148 - Taxation of Financial Institutions|Section 148.410 - Director to assess tax where no return made.

Effective - 28 Aug 1982   148.410. Director to assess tax where no return made. — If any company or association shall fail or refuse to make the return required by sections 148.330, 148.350, and 148.380, the director of the department of commerce and insurance shall certify the amount of tax to the director of revenue and the director of revenue shall notify and shall assess the tax against such company at the rate provided for in sections 148.320, 148.340, and 148.380 on such amount of premiums as he shall deem just, and the proceedings thereon shall be the same as if the return had been made. ­­-------- (RSMo 1939 § 6096, A.L. 1982 S.B. 470)  Prior revisions: 1929 § 5981; 1919 § 6389; 1909 § 7101
MO Rev Stat § 148.420 (2021)
2021 Missouri Revised Statutes|Title X - Taxation and Revenue|Chapter 148 - Taxation of Financial Institutions|Section 148.420 - Director of revenue to collect annual tax when company withdraws from Missouri or fails to pay tax.

Effective - 28 Aug 1983   148.420. Director of revenue to collect annual tax when company withdraws from Missouri or fails to pay tax. — If any insurance company, organized under the laws of any other state or government, doing business in this state, shall withdraw from business in this state before the annual tax shall fall due according to the provisions of sections 148.310 to 148.461, or shall fail or neglect to pay the tax imposed under sections 148.310 to 148.461, the director of revenue shall at once proceed to collect the same. ­­-------- (RSMo 1939 § 6100, A.L. 1945 p. 1024, A.L. 1983 H.B. 713 Revision)  Prior revisions: 1929 § 5985; 1919 § 6393; 1909 § 7105
MO Rev Stat § 148.430 (2021)
2021 Missouri Revised Statutes|Title X - Taxation and Revenue|Chapter 148 - Taxation of Financial Institutions|Section 148.430 - Director of revenue may sue for taxes when company withdraws or is suspended.

Effective - 28 Aug 1945   148.430. Director of revenue may sue for taxes when company withdraws or is suspended. — In any case where the authority of any insurance company to do business in this state has been or shall be suspended, revoked or withheld for nonpayment of taxes, or for any other cause, or when any company shall voluntarily withdraw from this state, the director of revenue may sue and recover, in his own name, in any court in this state having jurisdiction, from any such company, the amount of taxes and license properly chargeable against such company by law, together with costs and reasonable attorney's fees, to be taxed as costs; and in such proceeding, process may issue to any county in the state, and may be served on the agent or attorney appointed under the law to receive or acknowledge service of process, and such service shall be as valid as if served on the company according to the laws of this state in other cases. ­­-------- (RSMo 1939 § 6102, A.L. 1945 p. 1024)  Prior revisions: 1929 § 5987; 1919 § 6395; 1909 § 7107
MO Rev Stat § 148.440 (2021)
2021 Missouri Revised Statutes|Title X - Taxation and Revenue|Chapter 148 - Taxation of Financial Institutions|Section 148.440 - Occupation tax in certain cities.

Effective - 28 Aug 1939   148.440. Occupation tax in certain cities. — 1. The agent or agents of any such insurance company doing insurance business in any city in this state, having a population of more than five hundred thousand inhabitants, in addition to the tax on premiums as above provided for against such companies, shall also pay to the collector of said city, if said city shall so declare by ordinance, on or before the first day of February of each and every year, not more than the sum of two hundred dollars for each such fire insurance company, and for each such other insurance company not more than the sum of one hundred dollars, for the use of said city, which sum shall be considered in full for and in lieu of all taxes and licenses which said city may possess the power to impose on such agencies; and such collector shall, upon such payment being made, issue to such agent or agents a license, in the name of such city, to do the business of such agency for one year, which license shall be renewed from year to year, if demanded.  2. This section shall be construed as authorizing but one such tax for each such insurance company in each such city regardless of the number of agents which such company may have in such city.  3. Any such insurance company and any insurance agent doing insurance business in any city in this state having a population of more than one hundred thousand inhabitants and less than five hundred thousand inhabitants, in addition to the tax on premiums as above provided for against such companies, shall also pay to the collector of said city, if said city shall so declare by ordinance, on or before the fourth day of January of each and every year, not more than the sum of two hundred dollars for each such fire insurance company, and for each such other insurance company not more than the sum of one hundred dollars, for the use of said city for each agent, agency or office doing an insurance business for such company in said city; which sum shall be considered in full for and in lieu of all taxes and licenses which said city may possess the power to impose on such agencies; and such collector shall, upon such payment being made, issue to such agent or agents a license, in the name of such city, to do the business of such company at such agency or office for one year, which license shall be renewed from year to year, if demanded. ­­-------- (RSMo 1939 § 6099)  Prior revisions: 1929 § 5984; 1919 § 6392; 1909 § 7104
MO Rev Stat § 148.450 (2021)
2021 Missouri Revised Statutes|Title X - Taxation and Revenue|Chapter 148 - Taxation of Financial Institutions|Section 148.450 - Notices, how given.

Effective - 28 Aug 1939   148.450. Notices, how given. — Whenever by this law an officer is required to give any notice to a company, the same may be given by mailing the same, postage prepaid, addressed to the company at its home office, or to the secretary, general agent or chief officer thereof in the United States. ­­-------- (RSMo 1939 § 6103)  Prior revisions: 1929 § 5988; 1919 § 6396; 1909 § 7108
MO Rev Stat § 148.460 (2021)
2021 Missouri Revised Statutes|Title X - Taxation and Revenue|Chapter 148 - Taxation of Financial Institutions|Section 148.460 - Penalties for violations by agents.

Effective - 28 Aug 1983   148.460. Penalties for violations by agents. — Any person or persons who shall in this state act or assume to act as agent for any company whose authority to do business in this state has been suspended or revoked under sections 148.310 to 148.461, while such suspension or revocation remains in force, or shall neglect or refuse to comply with any of the foregoing provisions obligatory upon such person or party, or who shall willfully make a false or fraudulent statement of the business or condition of his or their company, shall forfeit and pay the sum of five hundred dollars for each offense; and any and all fines and forfeitures thus incurred may be recovered in the name of the state, to the use of the county, city or town, by indictment, complaint, bill or information, in any court of competent jurisdiction. ­­-------- (RSMo 1939 § 6101, A.L. 1983 H.B. 713 Revision)  Prior revisions: 1929 § 5986; 1919 § 6394; 1909 § 7106
MO Rev Stat § 148.461 (2021)
2021 Missouri Revised Statutes|Title X - Taxation and Revenue|Chapter 148 - Taxation of Financial Institutions|Section 148.461 - Quarterly installments to be paid as assessed by director, when — overpayment of taxes, credit.

Effective - 28 Aug 1986   148.461. Quarterly installments to be paid as assessed by director, when — overpayment of taxes, credit. — In any legal contest concerning the amount of tax under sections 148.320, 148.340, and 148.370 for a calendar year, the quarterly installments for the following year shall continue to be made based upon the amount assessed by the director of revenue for the year in question. If after the end of any taxable year, the amount of the actual tax due is less than the total amount of the installments actually paid, the amount by which the amount paid exceeds the amount due shall be credited against the tax for the following year and deducted from the quarterly installment otherwise due on June first. ­­-------- (L. 1982 S.B. 470, A.L. 1986 S.B. 669, et al.)
MO Rev Stat § 148.540 (2021)
2021 Missouri Revised Statutes|Title X - Taxation and Revenue|Chapter 148 - Taxation of Financial Institutions|Section 148.540 - Association and members, levy and collection — exclusiveness of tax.

Effective - 22 Jun 1970   148.540. Association and members, levy and collection — exclusiveness of tax. — Farmers' cooperative credit associations, organized under an Act of Congress known as the Farm Credit Act of 1933 (12 U.S.C.A. § 1131 et seq.), for the extension of agricultural credit to their members only, and operating without profit except to the extent that they pay dividends to members on stock purchased by the members in these associations, are classified for the purposes of the intangible personal property tax law as savings and loan associations; and the accounts of these farmers' cooperative credit associations with their members are classified as intangible property. There is imposed upon each member of any such association an annual tax equal to two percent of the taxable portion of the dividends declared and paid by the association, in the preceding year, on the stock of the association held by any member, which shall be the annual yield from the account. The taxable portion of these dividends shall be that proportion thereof equal to the proportion of the gross income of the association, for the dividend year, derived from notes and mortgages to which the association holds legal title, to its entire gross income. The association shall compute, withhold, and pay to the director of revenue, on or before the fifteenth day of April of each year, the amounts of all taxes imposed hereby upon the members of the association, this payment to be made in one remittance; and the association at its option may absorb these taxes without charging the same to the accounts of the individual members. This tax shall be exclusive, and in lieu of all other taxes upon these associations, their property, capital, or income, except ad valorem taxes upon real and tangible personal property, income, Social Security, and unemployment compensation taxes, and upon the accounts of these associations, except estate taxes. ­­-------- (L. 1961 p. 636 § 148.521, A.L. 1969 3d Ex. Sess. H.B. 25)  Effective 6-22-70
MO Rev Stat § 148.541 (2021)
2021 Missouri Revised Statutes|Title X - Taxation and Revenue|Chapter 148 - Taxation of Financial Institutions|Section 148.541 - Delinquent taxes, interest.

Effective - 01 Jan 1987   148.541. Delinquent taxes, interest. — If any tax due pursuant to section 148.540 is not paid when due, the association shall be required to pay as part of such tax interest thereon at the rate determined by section 32.065 from and after such date until paid. ­­-------- (L. 1986 S.B. 669, et al. § 6)  Effective 1-1-87
MO Rev Stat § 148.610 (2021)
2021 Missouri Revised Statutes|Title X - Taxation and Revenue|Chapter 148 - Taxation of Financial Institutions|Section 148.610 - Definitions.

Effective - 28 Aug 2002   148.610. Definitions. — For the purposes of sections 148.610 to 148.700, providing for the taxation of credit unions and savings and loan associations, the following terms mean:   (1) "Association", a savings and loan association or building and loan association organized under the laws of this state, any other state, or under the laws of the United States and having an office in this state;   (2) "Credit union", a credit union organized under section 370.010 of the laws of this state or the United States and located within this state, the principal business of which, during the taxable year, consisted of receiving the savings of members and making loans to members;   (3) "Director", the director of revenue;   (4) "Income period", the calendar year or relevant portion thereof next preceding the taxable year;  (5) The term "lease or rental of tangible personal property" means the lease or rental of tangible personal property under the exclusive control of the lessee and neither attached to nor functionally a part of a taxpayer's building or buildings or any part thereof;   (6) "Taxable in another state", a taxpayer is taxable in another state if, by reason of business activity in another state, it is subject to and did pay one of the types of taxes specified: a net income tax, a franchise tax measured by net income, a franchise tax for the privilege of doing business, or a corporate stock tax. The taxpayer must carry on business activities in another state. If the taxpayer voluntarily files and pays one or more of such taxes when not required to do so by the laws of that state or pays a minimal fee for qualification, organization or for the privilege of doing business in that state, but does not actually engage in business activities in that state, and does not have business facilities in that state or does actually engage in some activity, not sufficient for nexus, and the minimum tax bears no relation to the taxpayer's activities with such state, the taxpayer is not taxable in another state;   (7) "Taxable year", the calendar year in which the tax is payable;   (8) "Taxpayer", any credit union or savings and loan association subject to any tax imposed by sections 148.600 to 148.710. ­­-------- (L. 1982 H.B. 949 & 1350, A.L. 1993 H.B. 105 & 480, A.L. 2002 S.B. 895)
MO Rev Stat § 148.620 (2021)
2021 Missouri Revised Statutes|Title X - Taxation and Revenue|Chapter 148 - Taxation of Financial Institutions|Section 148.620 - Annual tax on net income, rate — credits allowed, exceptions.

Effective - 28 Aug 1993   148.620. Annual tax on net income, rate — credits allowed, exceptions. — 1. Every taxpayer shall be subject to an annual tax for the privilege of exercising its corporate franchises within the state according to and measured by its net income for the preceding year.  2. The rate of tax for each taxable year shall be seven percent of such net income.  3. The tax imposed on the net income by this law shall be exclusive and in lieu of all other state and local taxes against and upon credit unions and associations, their capital, or income, except taxes on all property, contributions paid pursuant to the unemployment compensation law of Missouri, Social Security taxes, sales and use taxes.  4. Each taxpayer shall be entitled to credits against the tax imposed by this law for all taxes paid to the state of Missouri or any political subdivision thereof during the relevant income period, except taxes on real estate and tangible personal property owned by the taxpayer and held for lease or rental to others, contributions paid pursuant to the unemployment compensation law of Missouri, Social Security taxes, sales and use taxes, and taxes imposed by this law. ­­-------- (L. 1982 H.B. 949 & 1350, A.L. 1993 H.B. 105 & 480)
MO Rev Stat § 148.640 (2021)
2021 Missouri Revised Statutes|Title X - Taxation and Revenue|Chapter 148 - Taxation of Financial Institutions|Section 148.640 - Return filed when — extension of time granted when — interest due on late filing, rate.

Effective - 01 Jan 1987   148.640. Return filed when — extension of time granted when — interest due on late filing, rate. — Every taxpayer shall file a return with the director on or before the fifteenth day of April in each year. The director may grant a reasonable extension of time for filing returns under such rules and regulations as he shall prescribe. Whenever such an extension of time is granted, a taxpayer shall be required to pay as part of any tax due interest thereon at the rate determined by section 32.065 from and after such date until paid. ­­-------- (L. 1982 H.B. 949 & 1350, A.L. 1986 S.B. 669, et al.)  Effective 1-1-87
MO Rev Stat § 148.650 (2021)
2021 Missouri Revised Statutes|Title X - Taxation and Revenue|Chapter 148 - Taxation of Financial Institutions|Section 148.650 - Payment of tax due when — excess payment, credit allowed — delinquent, interest charged.

Effective - 01 Jan 1987   148.650. Payment of tax due when — excess payment, credit allowed — delinquent, interest charged. — 1. The tax imposed by this chapter shall be due and payable upon the last day upon which a return must be filed under section 148.640.  2. Upon the filing of such return the full amount of any tax as computed by the taxpayer shall be paid to the director, who as soon as is practicable thereafter shall examine it and determine the correct amount of tax. If the director determines that the taxpayer has paid a tax in excess of the amount lawfully due, the director shall permit a credit.  3. If any tax due hereunder is not paid when due, the taxpayer shall be required to pay as part of such tax interest thereon at the rate determined by section 32.065 from and after such date until paid. ­­-------- (L. 1982 H.B. 949 & 1350, A.L. 1986 S.B. 669, et al.)  Effective 1-1-87
MO Rev Stat § 148.655 (2021)
2021 Missouri Revised Statutes|Title X - Taxation and Revenue|Chapter 148 - Taxation of Financial Institutions|Section 148.655 - Tax credit allowed for S corporation shareholders of associations, amount.

Effective - 28 Aug 2006   148.655. Tax credit allowed for S corporation shareholders of associations, amount. — Subchapter S corporation shareholders of an association required to pay franchise taxes under section 148.620 may take a tax credit against such shareholder's state income tax return, as provided in section 143.471. Such tax credit shall be the taxpayer's pro rata share of the franchise tax paid by the association as provided in this chapter. ­­-------- (L. 2006 S.B. 892)
MO Rev Stat § 148.657 (2021)
2021 Missouri Revised Statutes|Title X - Taxation and Revenue|Chapter 148 - Taxation of Financial Institutions|Section 148.657 - Tax credit allowed for S corporation shareholders of credit institutions, amount.

Effective - 28 Aug 2006   148.657. Tax credit allowed for S corporation shareholders of credit institutions, amount. — Subchapter S corporation shareholders of a credit institution required to pay franchise taxes under section 148.140 may take a tax credit against such shareholder's state income tax return, as provided in section 143.471. Such tax credit shall be the taxpayer's pro rata share of the franchise tax paid by the credit institution as provided in this chapter. ­­-------- (L. 2006 S.B. 892)