What Property is Exempt from Property Taxes?

January 9th, 2013

Section 137.100, RSMo.  These sections list a variety of exemptions.  The types of exemptions that frequently require the most research and analysis are:

…all property, real and personal, not held for private or corporate profit and used exclusively for religious worship, for schools and colleges, for purposes purely charitable, or for agricultural and horticultural societies….

Article X, Section 6, of the Missouri Constitution of 1945.  Section 137.100, RSMo expressly lists these categories and includes “not-for-profit agribusiness associations” as agricultural or horticultural societies.