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MO HB754
Bill
Status
1/29/2015
Primary Sponsor
Ronald Hicks
Click for details
AI Summary
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Missouri income tax withholding on employee tips must be calculated solely based on tips reported in writing by employees to their employers, not on other estimates or calculations by the Department of Revenue
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Large food or beverage establishments (as defined by IRS Section 6053) are exempt from this limitation and remain subject to any different withholding calculations required by law
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Employers are not obligated to pay the Department of Revenue for any under-reported cash tip income of employees
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Amends Section 143.191, RSMo, governing employer income tax withholding requirements
Legislative Description
Limits calculations of income tax withholdings on tips received by employees to the amount of total tips reported to the employee's employer in a written statement as required by law
Last Action
HCS Reported Do Pass (H)
3/5/2015