Sales tax could help local car dealers - KAIT Jonesboro, AR - Region 8 News, weather, sports

Sales tax could help local car dealers

KENNETT, MO (KAIT) -

The city of Kennett is working to pass an ordinance to help car dealers in the state of Missouri.

The ordinance allows the city to collect a sales tax on vehicles purchased out of state.

According to City Attorney Terry McVey, Missouri cities imposed the tax until the Supreme Court ruled otherwise.

After that ruling, the Missouri State Legislature re-wrote the law allowing cities to impose a sales tax if voters approved it.

McVey said this ordinance would allow Kennett to continue the out-of-state sales tax, which will benefit the city in several ways.

“One, of course, is the revenue to the city; but the other is to level the playing field for the car dealers in Missouri,” McVey said.

McVey said keeping the competition fair is important for the Missouri Bootheel, especially since there are close dealerships nearby in Arkansas and Tennessee.

The council will vote on the ordinance’s approval at the Dec. 15 meeting. 

Copyright 2015 KAIT. All rights reserved.

Region 8 News App - Install or update on your: iPhone | Android

  • Region 8 News</span><a class="customMoreLink" href="/Global/category.asp?C=4391" target="_top">More >></a>Region 8 NewsMore>>

  • Man accused of driving erratically arrested for endangering minors

    Man accused of driving erratically arrested for endangering minors

    Monday, January 22 2018 3:08 PM EST2018-01-22 20:08:30 GMT
    Monday, January 22 2018 4:14 PM EST2018-01-22 21:14:26 GMT
    Kyle D. Blanchard (Source: Greene Co. Sheriff's Office)Kyle D. Blanchard (Source: Greene Co. Sheriff's Office)

    A Trumann man was arrested in Greene County accused of driving erratically to stop a woman with small children in the car.

    A Trumann man was arrested in Greene County accused of driving erratically to stop a woman with small children in the car.

  • JPD investigating shots fired report

    JPD investigating shots fired report

    Monday, January 22 2018 12:56 PM EST2018-01-22 17:56:09 GMT
    Monday, January 22 2018 2:02 PM EST2018-01-22 19:02:28 GMT
    (Source: KAIT)(Source: KAIT)

    Jonesboro police investigating a report of shots fired say they found evidence of "illegal drug activity."

    Jonesboro police investigating a report of shots fired say they found evidence of "illegal drug activity."

  • Arkansas inmate found dead in cell in suspected suicide

    Arkansas inmate found dead in cell in suspected suicide

    Monday, January 22 2018 12:24 PM EST2018-01-22 17:24:25 GMT
    Gregg Smith (Source: Arkansas Dept. of Correction via Vinelink)Gregg Smith (Source: Arkansas Dept. of Correction via Vinelink)

    A convicted murderer was found dead in his cell at an Arkansas prison over the weekend in what officials say is an apparent suicide.

    A convicted murderer was found dead in his cell at an Arkansas prison over the weekend in what officials say is an apparent suicide.

Powered by Frankly