2012 Missouri Revised Statutes
TITLE X TAXATION AND REVENUE
Chapter 151 Taxation of Railroads and Street Railroads
Section 151.050 State tax commission to determine value if company fails to report.
State tax commission to determine value if company fails to report.
151.050. Should any railroad company fail to make and return to the state tax commission and county clerks, on the proper forms, any of the reports required by the foregoing provisions of this chapter, the state tax commission shall ascertain the property of such company, from the best information they can obtain, and shall fix the value thereof; which value shall serve as the base from which the four percent penalty provided in section 151.020 is calculated.
(RSMo 1939 11246, A.L. 1945 p. 1825 6, A.L. 1986 H.B. 1022, et al.)Prior revisions: 1929 10015; 1919 13005; 1909 11557
Effective 6-20-86
The headnotes, footnotes, annotations and index of the Missouri Revised Statutes, are used by permission of the Joint Committee on Legislative Research, the copyright holder.
Disclaimer: These codes may not be the most recent version. Missouri may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
