Tax credit allowed for S corporation shareholders of associations, amount.

Mo. Rev. Stat. § 148.655
in effect
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148.655. Tax credit allowed for S corporation shareholders of associations, amount. — Subchapter S corporation shareholders of an association required to pay franchise taxes under section 148.620 may take a tax credit against such shareholder's state income tax return, as provided in section 143.471 . Such tax credit shall be the taxpayer's pro rata share of the franchise tax paid by the association as provided in this chapter. (L. 2006 S.B. 892)
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://revisor.mo.gov/main/OneSection.aspx?section=148.655Fetched: 10/17/2026
Mo. Rev. Stat. § 148.655 — Tax credit allowed for S corporation shareholders of associations, amount | Revised Statutes of Missouri (Aug. 2026 snapshot) | Corpus