148.657. Tax credit allowed for S corporation shareholders of credit institutions, amount.
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/mo/chapter-148/148-657A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
148.657. Tax credit allowed for S corporation shareholders of credit institutions, amount. — Subchapter S corporation shareholders of a credit institution required to pay franchise taxes under section 148.140 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 credit institution as provided in this chapter.
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(L. 2006 S.B. 892)