Mutual Fund Tax Apportionment

To stimulate the mutual fund industry in Missouri, this program helps certify investment advisory firms or those providing services on behalf of an investment company, allowing them to utilize a more favorable state income apportionment method for tax purposes.

Applications are accepted year round.

Eligibility requirements: 

An entity which:

  • derives more than 50% of its gross income from management, distribution or administration services provided to or on behalf of an investment company; or
  • derives more than 50% of its gross income from trustees, sponsors and participants of employee benefit plans which have accounts in an investment company; or
  • provides management services as an investment advisory firm registered under Section 203 of the Investment Advisors Act of 1940. 

Application Process

Additional information: 

Program News