Missouri Laws 142.854 – Supplier’s duty to remit — tax credit, supplier entitled, when
Current as of: 2023 | Check for updates
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Terms Used In Missouri Laws 142.854
- Director: the director of revenue. See Missouri Laws 142.800
- Eligible purchaser: a distributor who has been authorized by the director to purchase motor fuel on a tax-deferred basis. See Missouri Laws 142.800
- Exporter: any person, other than a supplier, who purchases motor fuel in this state for the purpose of transporting or delivering the fuel outside of this state. See Missouri Laws 142.800
- Fiduciary: A trustee, executor, or administrator.
- Importer: includes any person who is the importer of record, pursuant to federal customs law, with respect to motor fuel. See Missouri Laws 142.800
- Motor fuel: gasoline, diesel fuel, kerosene and blended fuel. See Missouri Laws 142.800
- State: when applied to any of the United States, includes the District of Columbia and the territories, and the words "United States" includes such district and territories. See Missouri Laws 1.020
- Supplier: includes a permissive supplier unless specifically provided otherwise. See Missouri Laws 142.800
- Trustee: A person or institution holding and administering property in trust.
Every supplier has a fiduciary duty to remit to the director the amount of tax paid to the supplier, in its role as a trustee, by any purchaser, importer, exporter or eligible purchaser. In computing the amount of motor fuel tax due, the supplier shall be entitled to a credit against the tax payable in the amount of tax paid by the supplier that was accrued and remitted to a state, but not received from an eligible purchaser. The director shall have the right to recover any unpaid tax directly from the eligible purchaser.