142.854. Supplier's duty to remit--tax credit, supplier entitled, when. - Missouri Statutes

Supplier's duty to remit--tax credit, supplier entitled, when.

142.854. Every supplier has a fiduciary duty to remit to the directorthe amount of tax paid to the supplier, in its role as a trustee, by anypurchaser, importer, exporter or eligible purchaser. In computing theamount of motor fuel tax due, the supplier shall be entitled to a creditagainst the tax payable in the amount of tax paid by the supplier that wasaccrued and remitted to a state, but not received from an eligiblepurchaser. The director shall have the right to recover any unpaid taxdirectly from the eligible purchaser.

(L. 1998 S.B. 619)

Effective 1-1-99