0
First produced in 1935, sales tax tokens were used to make change for sales tax paid. Missouri was one of only 12 states to employ this practice. After a few years, both retailers and the public found their use to be too much trouble, and they were discontinued. Each of these tokes is about 7/8" in diameter. One is pierced in the center and reads. "5 Missouri 5 Receipt, with the map of Missouri in the center and the words, " Sales Tax" on the map. The same design is on the reverse. The other one, not pierced, reads, " Missouri Sales Tax Receipt" around the outside, with the map of the state in the middle and 1 in the center of the map. It is marked same way on revers.
What else can I help you with?
What years were Missouri sales tax tokens used?
The state of Missouri began using cardboard or milk cap tokens in 1935. In years to follow they changed to metal coins the size of nickels. During the war when metal became scarce they went to plastic. From1935 till 1961 the value of these tokens were either .001 or. 005 of a sent. Answer tokens were used in Missouri from 1935 till 1961. Being the state to use them the longest.
How much is a metal Missouri sales tax token worth?
A metal Missouri sales tax token, used in the mid-20th century for small transactions, typically holds little monetary value today, often ranging from a few cents to a few dollars depending on its condition and rarity. However, collectors may pay more for tokens in excellent condition or those from specific years or designs. The market for these tokens can fluctuate based on demand among numismatists.
What is the value of Black Missouri sales tax token?
The Black Missouri sales tax token, issued in the 1930s, has a value of 1 mill, or one-tenth of a cent. These tokens were used in lieu of small coins for sales tax payments, as the state sought to simplify transactions. While they are primarily of historical interest today, their value can vary among collectors, often depending on condition and rarity.
What is the inheritance tax rate in Missouri?
Missouri does not have an Inheritance Tax. The law was repealed as of 1981
What is the value of a Consumer's Tax Token Oklahoma for old age assistance?
Consumer's Tax Tokens from Oklahoma were issued during the Great Depression era and were used to pay state sales tax. Today, these tokens are considered collectibles and their value can vary depending on factors such as condition, rarity, and demand. For a specific value related to old age assistance, it is recommended to consult with a professional appraiser or check online auction sites for recent sales data.
Why were tax tokens issued in Washington 1935?
Tax tokens were issued in Washington in 1935 primarily due to a severe shortage of coinage during the Great Depression. As local governments struggled to collect taxes amid economic hardship, these tokens served as a substitute for small change, facilitating transactions for tax payments and other minor purchases. The tokens were a temporary solution to the lack of available currency, helping to maintain economic activity in the state.
What were one fifth cent Colorado tax token used for?
The tokens were used for sales tax when the tax amounted to less than a penny.
How do I print Missouri State Tax Form?
how doe I print Missouri state income tax form
I need missouri estimated state tax forms for 2011?
I need estimated missouri state tax forms for 2011 i nned mississippi tax form
What sales tax do you use if you live in Illinois and buy in Missouri?
If you are at a store in Missouri and buy something it is Missouri tax. If you buy it on the internet and it is shipped you are charged neither of the "states'" tax. It is basically not taxed since the federal government doesn't have sales tax at this time.
If you live in Missouri and buy a car from Illinois do you have to pay sales tax in Missouri?
No, but you will have to pay for the registration in Missouri.
How old is Jay Siegel of the Tokens?
81
