- The Missouri Department of Revenue issued a ruling on concession sales by municipalities. Municipalities operating recreational facilities are exempt from sales tax on concessions. The exemption applies to all tangible personal property sold at these facilities. Proceeds from these sales must benefit the municipality to qualify for the exemption. This ruling covers fees paid at municipally owned places of amusement and recreation.
Source: news.bloombergtax.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.
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