The Missouri State Tax Commission (Commission) is responsible for the valuation and assessment of the distributable commercial real and personal property of Centrally Assessed Railroad and Utility Companies (CARUC), the distributable personal property of Commercial Aircraft Owned by Airlines (CAOBA), and Private Car Companies, and the personal property of Commercial Aircraft Owned by Others (CAOBO) in Missouri.
For these state assessed entities, the Aggregate Statement of Taxable Property and related schedules are used by the Commission to determine the fair market value of the property as of January 1 of the taxable year.
