Taxes in Missouri

Missouri Tax Rates, Collections, and Burdens

How does Missouri’s tax code compare? Missouri has a graduated individual income tax, with rates ranging from 2.00 percent to 4.95 percent. There are also jurisdictions that collect local income taxes. Missouri has a 4.0 percent corporate income tax rate. Missouri has a 4.225 percent state sales tax rate, a max local sales tax rate of 5.763 percent, an average combined state and local sales tax rate of 8.33 percent. Missouri’s tax system ranks 11th overall on our 2023 State Business Tax Climate Index.

Each state’s tax code is a multifaceted system with many moving parts, and Missouri is no exception. The first step towards understanding Missouri’s tax code is knowing the basics. How does Missouri collect tax revenue? Click the tabs below to learn more! You can also explore our state tax maps, which are compiled from our annual publication, Facts & Figures: How Does Your State Compare?

Five States Accomplish Meaningful Tax Reform in the Wake of the Tax Cuts and Jobs Act

July 23, 2018

Missouri Governor Set to Sign Income Tax Cuts

July 11, 2018

The Complicated Nature of the Deductibility of Drug Advertising

June 15, 2018

Missouri Corporate Tax Reform Bill Receives Bipartisan Support, But Prospects Uncertain

April 26, 2018

Missouri Senate Approves Corporate Tax Cuts

April 16, 2018

Three Tax Plans Under Consideration in Missouri

April 11, 2018

Missouri Bill Would Sunset 47 Tax Credits

December 13, 2017

Why Does Missouri Want a Gross Receipts Tax?

September 26, 2017

Will a New St. Louis Stadium Sales Tax Proposal be a Shutout?

December 20, 2016

Top State Tax Ballot Initiatives to Watch in 2016

October 18, 2016

Missouri Amendment Four: Preventing Sales Tax Base Expansions

October 7, 2016

Voters in St. Louis and Kansas City Keep the Earnings Tax

April 7, 2016

Can States Tax Your Hot Air Balloon Ride?

July 24, 2015

10 Remaining States Provide Tax Filing Guidance to Same-Sex Married Taxpayers

March 20, 2015

A Year After $9 Billion Incentive, Boeing Employment in Washington to be Reduced

October 1, 2014

Governor Nixon Vetoes E-Cigarette Age Restriction Bill Because It Doesn’t Have Taxes

July 15, 2014

How Will Missouri’s 2014 Tax Cut Impact the State?

May 14, 2014

Missouri’s 2014 Tax Cut: Minimal and Slow with a Small Business Gimmick