12 CSR 10-4.115

Mo. Code Regs. Ann. tit. 12, § 10-4.115

Documentation Required

Effective Nov 7, 1975section 144.705, RSMo (1994).* U.T. regulation 615-8 originally filed Oct. 28, 1975, effective Nov. 7, 1975. Refiled March 30, 1976Director of Revenue

Viewing an earlier version · effective Nov 7, 1975View current

PURPOSE: This rule indicates that documentation is necessary for deductions and interprets and applies section 144.640, RSMo.

(1) Transactions which are deductible under the compensating use tax law under section 144.615, RSMo, can be deducted only if the transaction is documented so as to be capable of verification on audit.

AUTHORITY: section 144.705, RSMo (1994).* U.T. regulation 615-8 originally filed Oct. 28, 1975, effective Nov. 7, 1975. Refiled March 30, 1976.

*Original authority 1959.