Missouri Revised Statutes

Mo. Rev. Stat. § 137.075 (2026)

What property liable for taxes

✓ current as of May 2026
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  137.075.  What property liable for taxes. — Every person owning or holding real property or tangible personal property on the first day of January, including all such property purchased on that day, shall be liable for taxes thereon during the same calendar year.

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(RSMo 1939 § 10940, A.L. 1945 p. 1799 § 4)

Prior revisions: 1929 § 9746; 1919 § 12756; 1909 § 11338

(1974) Held that facts in this case showed lessor to be "owner" and liable for ad valorem personal property tax.  RCA Corporation v. State Tax Commission of Missouri (Mo.) 513 S.W.2d 313.

Notes of Decisions
Cited in 21 cases (1 in the last 5 years), 1973–2025 · leading case: Beatty v. State Tax Comm'n, 912 S.W.2d 492 (Mo. 1995).
Beatty v. State Tax Comm'n, 912 S.W.2d 492 (Mo. 1995). · cites it 5× “es in effect on January 1, 1995; (3) because of that change in tax classification, the taxing districts in Pettis County may increase their tax levies to recoup revenue lost as a result of reclassification; (4) that appellants’ taxes may increase above the amount they would have…”
Green v. Lebanon R-III Sch. Dist., 13 S.W.3d 278 (Mo. 2000). · cites it 6× “Section 137.075, RSMo 1994; section 137.290, RSMo Supp.”
Beelman Truck Co. v. Ste. Genevieve Cnty. Bd. of Equalization, 861 S.W.2d 557 (Mo. 1993). · cites it 9× “Section 137.075, RSMo 1986. Bi Go Markets, 843 S.”
Metal Form Corp. v. Leachman, 599 S.W.2d 922 (Mo. 1980). · cites it 2× “Therefore, those taxpayers remain subject to Chapter 137 which governs generally the assessment and levy of property taxes and which provides in § 137.075 that "[E]very person owning or holding real property or tangible personal property on the first day of January including all…”
Bi Go Markets, Inc. v. Morton, 843 S.W.2d 916 (Mo. 1992). · cites it 3× “Louis County and, therefore, §§ 137.075, 137.095, RSMo 1986, require Bi Go and Wetterau to account for property taxes on the aircraft in this state.”
In re Donahue, 520 B.R. 782 (Bankr. W.D. Mo. 2014). · cites it 4× “Mo.Rev.Stat. § 137.075. . Mo.Rev.Stat. § 137.”
Am. Aberdeen Angus v. Stanton, 762 S.W.2d 501 (Mo. Ct. App. 1988). · cites it 3× “All laws exempting from taxation property other than the enumerated exceptions in Article X shall be void. Mo. Const. Art. X, § 6.1. It follows that a county, in and of itself, has no authority to exempt property from taxation.”
BHA Grp. Holding, Inc. v. Pendergast, 173 S.W.3d 373 (Mo. Ct. App. 2005). · cites it 4× “” [Section 137.075.] Real property is listed and its use for tax classification purposes is determined as of January 1 of a tax year.”
St. Louis Cnty. v. Univ. City, 491 S.W.2d 497 (Mo. 1973). · cites it 3× “075, RSMo 1969, provides: “Every person owning or holding real property or tangible personal property on the first day of January, including all such property purchased on that day, shall be liable for taxes thereon during the same calendar year.”
RCA Corp. v. State Tax Comm'n of Missouri, 513 S.W.2d 313 (Mo. 1974). · cites it 3× “The pertinent tax statute, § 137.075, RSMo 1969, V.A.M.S., provides: “Every person owning or holding * * * tangible personal property on the first day of January * * * shall be liable for taxes thereon during the same calendar year.”
State ex rel. Leggett v. Sovran Leasing Corp., 909 S.W.2d 664 (Mo. 1995). · cites it 4× “Missouri generally imposes an ad valorem tax upon all personal property with a Missouri tax situs pursuant to § 137.075 and § 137.095. Section 154.010, however, treats certain maritime property differently.”
Johnson v. Otey, 299 S.W.3d 308 (Mo. Ct. App. 2009). · cites it 2× “025, 3 but § 137.075, which makes “[ejvery person owning or holding .”
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