Missouri Surplus Distribution Request is a program administered by the Missouri Department of Economic Development to provide Missouri-based businesses and organizations with excess state supplies and equipment. Through this program, organizations can request a variety of items, such as furniture, office equipment, computers, and other supplies, for free or at a reduced cost. There are two types of Missouri Surplus Distribution Request: Standard Requests and Special Requests. Standard Requests are for items listed on the Missouri Surplus Distribution website, and Special Requests are for items not listed on the website. These requests are subject to availability, and items will only be distributed to organizations based in Missouri.
Missouri Surplus Distribution Request
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Surplus Distribution Request
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FAQ
What is the Missouri surplus lines tax rate? The tax rate is 5 percent of Missouri net premium including any applicable fees.
Surplus lines insurance is a special type of insurance that covers unique risks. It fills a gap in the standard market by covering things that most companies can't or won't insure.
A: Every surplus line broker must make an annual state tax filing. The amount of state tax is 3% of the California taxable surplus line premium transacted by the broker, for California home state insureds, from January 1st to December 31st of the previous year.
The state treasury is bulging with more than $6 billion in surplus cash, the result of 28 months of double-digit revenue growth and federal payments tied to COVID-19 relief and recovery. If growth rates continue at current levels, general revenue in the current fiscal year could approach $15 billion.
The Surplus Lines Deduction allows taxpayers to deduct from their premiums ?sums collected to cover federal and other state taxes and examination fees? when calculating the premium amount subject to the tax.
SURPLUS LINES TAXES In other words, the premium tax is embedded into an admitted policy's premium but not called out as a separate line item. It's there ? just hidden. The tax rate in each state varies and can change from year to year, and is set by the state's insurance department.
