Mo. Rev. Stat. § 371.220

Corporate income exempt from income tax.

Last amended: 1961Year: 2026Length: 56 wordsOfficial source
371.220. Corporate income exempt from income tax. — All income received by a development finance corporation is exempt from the taxes imposed on incomes by this state; but this exemption does not apply to income received by stockholders of the development finance corporation in the form of dividends or otherwise. (L. 1961 p. 157 § 20)
Mo. Rev. Stat. § 371.220: Corporate income exempt from income tax. | Justis AI