- Missouri has eliminated local and state sales tax on essential hygiene products such as period products, diapers, and incontinence supplies.
- The new law was signed by Governor Mike Kehoe in July and took effect on Thursday.
- These products have been reclassified from luxury items to necessities, reducing the tax rate from 4.225 percent to 1.225 percent.
- Missouri joins 22 other states in exempting these basic health products from sales tax.
- The change is expected to benefit families by reducing expenses on essential items.
- The Missouri Department of Revenue provides a list of exempt items under the new law.
Source: yahoo.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "United States"
- California Extends Sales Tax Exclusion for Energy Projects Until 2028
- Washington Expands Sales Tax to IT Services, Marketing, and Online Classes
- Illinois Expands Hotel Tax to Short-Term Rental Platforms Like Airbnb Starting 2025
- Arkansas Expands Sales Tax Exemptions for Qualified Large Data Centers Under H.B. 1444
- Texas Comptroller Denies Telecom Equipment Refund for Non-Signal Transmission Items
