Section 24 Gain Resulting From Compulsory or Involuntary Conversion of Property
| Library | Tax Law 2009 |
Under § 143.121.6, RSMo Supp. 2007, a taxpayer may subtract the amount of any gain included in its federal taxable income, to the extent the gain is “from compulsory or involuntary conversion of property as a result of condemnation or the imminence thereof.”...
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