SALT Report 2555 – The Missouri Department of Revenue has amended the states mandatory filing regulation, §12 CSR 10-104.030, to increase the filing frequency threshold for quarterly and annual sales and use tax returns. The amendments are as follows:
- If state tax collections are less than $500 per calendar month but are $100 or more in a calendar quarter, the taxpayer must file and remit taxes on a quarterly basis, and
- If state tax collections are less than $100 per quarter, the taxpayer must file and remit taxes on an annual basis
Prior to the amendment, the threshold amount for quarterly and annual filers was $45.
The amended filing requirements are effective July 30, 2013.
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