Excludes certain processing fees from the definition of gross receipts for sales tax purposes

Summary

HB 1707 repeals the current definition of gross receipts for sales tax and replaces it with a version that removes credit‑card and debit‑card processing fees, as well as separately stated delivery charges, from the taxable amount. The change would affect any business that collects Missouri sales tax on retail sales, reducing the tax base on those fees. Supporters argue it prevents businesses from paying tax on costs they already incur when accepting electronic payments.

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