660.149. Exemption from sales and use taxes--gross receipt tax, exemption or reduction may be made by political subdivisions.
Exemption from sales and use taxes--gross receipt tax, exemption orreduction may be made by political subdivisions.
660.149. 1. In addition to the exemptions granted under theprovisions of section 144.030, RSMo, economy rate telephoneservice shall also be specifically exempted from the provisionsof sections 144.010 to 144.510 and 144.600 to 144.745, RSMo, andfrom the computation of the tax levied, assessed or payable undersections 144.010 to 144.510 and 144.600 to 144.745, RSMo.
2. Notwithstanding any other provision of the law to thecontrary, any local political subdivision may choose to reduce orexempt from its gross receipts tax on economy rate telephoneservice.
(L. 1986 H.B. 1301 §§ 4, 5)