Missouri HB3518 modifies tax allocation for nonresident entertainers and professional athletes.
Missouri HB3518 modifies the allocation of state income tax revenues collected from nonresident members of professional athletic teams and nonresident entertainers. Effective January 1, 2027, through December 31, 2060, 100% of these revenues will not be remitted to the general revenue fund. Instead, they will be deposited into the Nonresident Entertainer and Professional Athletic Team Income Tax Fund.
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