The Missouri Department of Revenue March 6 released Consumer’s Use Tax Return Form 53-C. The form includes step-by-step computation instructions for the total sales and use tax due to be reported on the tax return form. Taxpayers must file the return for the reporting period, even if there is no tax to report. Taxpayers must provide a breakdown of taxes, by location and item. The filing is considered incomplete if a breakdown isn’t provided and taxpayers may subject to penalties and interest. [Mo. Dep’t of Revenue, Consumer’s Use Tax Return Form 53-C, 03/06/20]
Reference: View Source Document.
Learn more about Bloomberg Tax or Log In to keep reading:
See Breaking News in Context
From research to software to news, find what you need to stay ahead.
Already a subscriber?
Log in to keep reading or access research tools and resources.