Section 142.854 Supplier's duty to remit — tax credit, supplier entitled, when.

MO Rev Stat § 142.854 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

Effective 01 Jan 1999, see footnote

142.854. Supplier's duty to remit — tax credit, supplier entitled, when. — Every supplier has a fiduciary duty to remit to the director the amount of tax paid to the supplier, in its role as a trustee, by any purchaser, importer, exporter or eligible purchaser. In computing the amount of motor fuel tax due, the supplier shall be entitled to a credit against the tax payable in the amount of tax paid by the supplier that was accrued and remitted to a state, but not received from an eligible purchaser. The director shall have the right to recover any unpaid tax directly from the eligible purchaser.

­­--------

(L. 1998 S.B. 619)

Effective 1-1-99