Wednesday, November 5, 2008

Official Withdrawal of State Tax Add Back Rule

November 5, 2008 - As we first told you on August 28, 2008, the Missouri DOR agreed to withdraw the proposed rule on state tax addback. In the most recent Missouri Register dated November 3, 2008, the Secretary of State published the official order withdrawing the rule on behalf of the Director of Revenue.

This was the culmination of many months of work with the DOR, challenging the ability to issue this rule under the current statute. This is the third time the DOR has proposed the rule and the third time we have successfully challenged this rule that would have resulted in a tax increase for many employers that operate in multiple states.

Click here and look in the lower right hand corner for the official order withdrawing the rule.


If you have any questions, please contact me at the AIM offices.

Ray McCarty
President
Associated Industries of Missouri

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