A tax is imposed on the transfer of every decedent's estate which consists in whole or in part of property having a tax situs within the state of Missouri. The Missouri estate tax shall be the maximum credit for state death taxes allowed by Internal Revenue Code Section 2011 but not less than the maximum credit for state death taxes allowable to the estate of a decedent against the federal estate tax by Section 2011 or any other provision of the laws of the United States.
Mo. Rev. Stat. § 145.011
Tax imposed on transfer of decedent's estate equal to maximum credit..
Applied in 1 court decision — leading case Comptroller of the Treasury v. Phillips (2005)
Most recently applied in Comptroller of the Treasury v. Phillips (January 2005)
Effective: 01 Jan 1981, see footnote; (L. 1980 S.B. 539)
Official source: Missouri Revisor of Statutes. Reproduced from public-domain Missouri statutes; confirm against the official source for the current text. Not legal advice.