New Franklin Calculation, Reporting and Regulations ordinance (§ 145.030)

A. Every retailer within the corporate limits of the City of New Franklin shall add the tax imposed by sales tax law of the State of Missouri, the sales taxes imposed by this Chapter to his/her sales price, and when added the combined tax shall constitute a part of the price and shall be a debt of the purchaser to retailer until paid and shall be recoverable at law in the same manner as the purchase price. The combined rate of the State sales tax and the City sales tax shall be the sum of four (4) rates, multiplying the combined tax rate times the amount of the sale.

B. In order to permit sellers required to collect and report the sales tax to collect and report the sales tax to collect the amount required to be reported and remitted, but not to change the requirements of reporting or remitting tax or to serve as a levy of the tax, and in order to avoid fractions of pennies, the applicable provisions of Section 144.285, RSMo., shall apply to all taxable transactions.

C. The taxes imposed under this Chapter and the State sales tax shall be collected together and reported upon such forms and under such administrative rules and regulations as may be prescribed by the Director of Revenue.