The seller can be held liable if he/she accepts an exemption that is not in “good faith”. Number on all correspondence submitted to the Department.If the vendor does not want to accept your exemption you must pay tax on the purchase or choose another vendor. To update the account a Missouri Tax Registration Change Request, Form 126 can be completed and submitted.Summarize the primary organizational purpose in one or two brief statements.
A financial statement should provide the sources/amounts of income and a breakdown of the expenses of the organization for the past three years.
A three year financial statement is determined by the date of incorporation and/or the date the 501(c) exemption is issued.
The seller is required to update their records every five years. The organization can also send a letter providing the updated information to: Missouri Department of Revenue P. Box 358 Jefferson City, MO 65105 or fax it to 573-522-1271.
To obtain a new copy of your exemption letter you can contact us by phone at 573-751-2836, fax 573-522-1271, e-mail [email protected] or mail your request to: Missouri Department of Revenue P. Please make sure you indicate your Missouri Tax ID Number when corresponding.
Fw-300 #ya-qn-sort h2 /* Breadcrumb */ #ya-question-breadcrumb #ya-question-breadcrumb i #ya-question-breadcrumb a #bc .ya-q-full-text, .ya-q-text #ya-question-detail h1 html[lang="zh-Hant-TW"] .ya-q-full-text, html[lang="zh-Hant-TW"] .ya-q-text, html[lang="zh-Hant-HK"] .ya-q-full-text, html[lang="zh-Hant-HK"] .ya-q-text html[lang="zh-Hant-TW"] #ya-question-detail h1, html[lang="zh-Hant-HK"] #ya-question-detail h1 #Stencil .
Bdend-1g /* Trending Now */ /* Center Rail */ #ya-center-rail .profile-banner-default .ya-ba-title #Stencil . Bgc-lgr #ya-best-answer, #ya-qpage-msg, #ya-question-detail, li.ya-other-answer .tupwrap .comment-text /* Right Rail */ #Stencil . Bxsh-003-prpl #yai-q-answer, #ya-trending, #ya-related-questions h2. Fw-300 .qstn-title #ya-trending-questions-show-more, #ya-related-questions-show-more #ya-trending-questions-more, #ya-related-questions-more /* DMROS */ .This includes: The exemption is only an exemption for sales and use tax purposes.It is not an exemption for excise taxes or other fees and does not document that the organization is exempt from personal property tax.The financial statement can be in the form of a spreadsheet, ledger book or you may submit copies of the 990 return (must include all pages).If the schedules are not provided we may write back for a better financial statement that provides this detailed information, which may delay your application. Do not use abbreviations or if you do please provide an explanation of what they stand for.A 501(c) is an Internal Revenue Service (IRS) exemption, if you have not received an exemption letter from the IRS, you can obtain Form 1023, Application for Recognition of Exemption, by visiting their web site at or call (877) 829-5500.