Missouri Historic Rehabilitation Tax Credit

Missouri Historic Rehabilitation Tax Credit Summary

  • Can be utilized by any entity subject to Missouri income tax
  • Applicable against income taxes, corporation franchise taxes, insurance premium taxes and bank taxes
  • Low default rate over the 20+ year history
  • Certificated by the State of the Missouri, no recapture risk
  • The credits are purely transferred from developer/project to end user
  • Can be carried forward for ten years and carried back for three years (credit not to exceed the taxpayer’s Missouri income tax liability)
  • May offset 100% of taxpayer’s liability
  • One-year credit
  • Transferable to other entities