MO SB1121

Municipalities may only impose business license taxes on prepaid wireless telecommunications services as specified in the new sections 92.096 to 92.102, restricting their current broad taxing authority

Telecommunications companies may submit business license tax payments to the Missouri Department of Revenue instead of directly to municipalities, with the department retaining up to 1% for collection costs

Telecommunications companies may retain 1% of collected business license taxes for their collection costs and may pass all or part of the tax to customers through line item charges

Tax location for prepaid wireless sales is determined by: in-person sale location, purchaser's payment address, or a reasonable attribution method based on area code proportions

Effective date is January 1, 2018