143.997. Income excluded by statute or rule held invalid by supreme court, no deficiency to be charged.
118 words·~1 min read·
/mo/chapter-143/143-997A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
143.997. Income excluded by statute or rule held invalid by supreme court, no deficiency to be charged. — Any provision of law to the contrary notwithstanding, where a statute or a rule promulgated by the director has excluded any income from the computation of tax imposed under this chapter and is thereafter held by a final decision of the Missouri supreme court to be invalid, the director shall not be entitled to serve a notice of deficiency of taxes which result from such court decision for any period occurring prior to the date of the court's mandate or the implementation of regulations interpreting such court decision, whichever is later.
--------
(L. 1990 H.B. 1554 § 1)
Effective 6-12-90