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Section 148.045 Computation of deduction, taxpayer files consolidated return.

MO Rev Stat § 148.045 (2019) (N/A)
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Effective 15 May 1986, see footnote

148.045. Computation of deduction, taxpayer files consolidated return. — A taxpayer that is a member of an affiliated group of corporations which files a consolidated federal income tax return shall determine its deduction for or its gross income in respect of federal income taxes paid or accrued during the income period to the United States as if it and all other members of the affiliated group of which it was a member had filed separate federal income tax returns for all relevant taxable years.

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(L. 1986 H.B. 1195)

Effective 5-15-86

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Section 148.040 Definitions and computation of net and gross income.
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Section 148.050 Returns, when filed.