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Hannibal Courier - Post - Hannibal, MO
Sally Poole offers insights about business in Hannibal.
What On Earth is USE TAX?
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By Sally Poole

Sally Poole is the owner of Poole Communications, with offices in Hannibal, Marshall and Poplar Bluff, Missouri. She is very ...

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Sally Poole is the owner of Poole Communications, with offices in Hannibal, Marshall and Poplar Bluff, Missouri. She is very involved in Hannibal and Quincy, IL., with memberships in the Chamber of Commerce, Hannibal Arts Council, Affordable Community Education, Lions Club and Rotary. She has helped in the fund-raising campaign to build a Hannibal campus for Moberly Area Community College. Currently she is helping to start the Hannibal Chamber Business Development Committee.

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Aug. 28, 2014 12:01 a.m.
By Sally Poole
June 25, 2013 12:01 a.m.



Use Tax is a 5.35% fee on all tangible goods ordered outside the state. For instance, if you purchased computers or office supplies over the Internet and the total amount is over $2000 – you owe Use Tax.

The bad thing is that most of the business owners I’ve talked to don’t even know about it. Our accountant was aware of it, but had never talked to us about it.

Use Tax applies to everyone, not just businesses. The Missouri Department of Revenue is sending letters out collecting Use Tax and they’re starting with business owners. They are collecting as far back as 2009. Along with the tax, they are also collecting hefty penalties.

If you haven’t spent over $2000, you can check the “Not required to file” box and mail the form right back to them. However if you have spent over $2000 it’s up to you to figure out the amount and the tax – and the penalty.

Here’s a website you can go to and find out more: http://www.dor.mo.gov.

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