Voice of Missouri Business at COST 50th Annual Meeting

Ray McCarty, president and CEO of Associated Industries of Missouri was a panelist at the 50th Annual Meeting of the Council on State Taxation (COST) in Washington, DC, on October 25, 2019. McCarty participated in a panel with tax leaders from other Midwest states, including the Kansas Chamber, Minnesota Chamber of Commerce, Ohio Chamber of Commerce, Taxpayers’ Federation of Illinois, Iowa Taxpayers Association, Illinois Chamber of Commerce Tax Institute and Indiana Chamber of Commerce. McCarty discussed the passage of several key tax provisions in the 2019 session, including a provision to prevent a tax increase on some corporations due to a deduction limitation in the federal tax code, a provision that changes the three year statute of limitations for filing a sales/use tax refund to ten years, and the failure of the state to pass legislation addressing internet sales made by companies outside Missouri to Missouri customers in the wake of the Wayfair case. Missouri is one of three states

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Manufacturing policy for Missouri

October 31, 2019 – Missouri is one of a few states chosen for support in developing a state manufacturing policy. A listening session was held at the offices of Associated Industries of Missouri yesterday to discuss the policy and allow manufacturers and manufacturing advocates to offer ideas and suggestions. The move to establish a manufacturing policy in the states originated in and is being driven by the National Institute of Standards and Technology (NIST) through the Manufacturing Extension Partnership (MEP). Missouri Enterprise serves as Missouri’s MEP center. Along with representatives of Governor Mike Parson’s office and key legislators, the Missouri Department of Economic Development, Missouri Enterprise, Associated Industries of Missouri, the University of Missouri system, The Missouri Economic Development Council, the St. Louis Economic Development Partnership, private manufacturers and many other economic development and manufacturing advocates are leading the effort. Senator Mike Cierpiot, Chairman of the Senate Economic Development Committee, was present at the hearing, as well as many manufacturers

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