Bill > SB1534

This bill amends Section 144.010 of Missouri Revised Statutes (RSMo) to clarify the definition of "gross receipts" for sales tax purposes. Specifically, it adds language to explicitly exclude credit card and debit card processing fees from being considered part of the total sales price subject to sales tax. This means that businesses will no longer have to pay sales tax on the fees they incur when customers use credit or debit cards for transactions, which are considered charges incident to the extension of credit.

Labor and Employment

https://www.senate.mo.gov/26info/BTS_Web/Bill.aspx?SessionType=R&BillID=626311