Mo. Rev. Stat. § 148.655
Current with changes from the 2024 Legislative Session
Subchapter S corporation shareholders of an association required to pay franchise taxes under section 148.620 may take a tax credit against such shareholder's state income tax return, as provided in section 143.471. Such tax credit shall be the taxpayer's pro rata share of the franchise tax paid by the association as provided in this chapter.
§ 148.655, RSMo