Section 25 Deposits of Bank Taxes

• Library: Tax Law 2009

In State ex inf. Danforth v. David, 517 S.W.2d 56 (Mo. 1974), the Supreme Court held that the Director of MoDOR was not required to pay over to the state treasury the two-percent collection fee provided for in Chapters 146 and 148, RSMo, until the taxes had been distributed to the respective counties and local political subdivisions. The Court concluded that the taxes in question were local taxes, not...