Missouri § 148.720 - Corporate income tax reduction, when.
Full text of Missouri Revised Statutes of Missouri § 148.720 — Corporate income tax reduction, when., with citation guidance and answers to common questions.
§ 148.720. Corporate income tax reduction, when.
1. For all tax years beginning in a calendar year in which there is a reduction in the rate of tax imposed under section 143.071, there shall be a corresponding and proportional reduction in the rate of tax imposed under sections 148.030, 148.140, and 148.620. The reduced rate shall be the applicable rate in each subsequent calendar year.
2. The reduction specified under subsection 1 of this section shall occur each year there is a reduction in the rate of tax imposed under section 143.071, including a reduction in the rate of tax by operation of another law or by the constitution.
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(L. 2018 S.B. 769)
---- end of effective 28 Aug 2018 ----
Source: official Missouri text · Last verified 2026-08-27
Frequently Asked Questions About Missouri § 148.720
What does Revised Statutes of Missouri § 148.720 cover?
Section 148.720 ("Corporate income tax reduction, when.") is part of the Revised Statutes of Missouri, the codified statutory law of Missouri. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Missouri § 148.720?
A common citation format is "Revised Statutes of Missouri § 148.720" (Missouri). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Missouri law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Missouri official source linked on this page or consult a licensed Missouri attorney.
How does Missouri § 148.720 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Missouri can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Missouri.