Missouri DOR Proposes Amending Income Tax Rule Concerning Tax Exempt Status of Government-Related Obligations

The Missouri Department of Revenue (DOR) proposed amending a regulation concerning the tax-exempt status of United States government-related obligations for income tax purposes. The amendment simplifies the rule that notifies the public of the exempt or non-exempt status of United States government obligations. Comments on the proposed rule are due by July 31. [Mo. Dep’t of Revenue, Proposed Reg. 12 CSR 10-2.150, 07/01/25]