Business

Business personal property is tangible personal property that is used in a trade or business or used for production of income and which has a determinable life of longer than 1 year except that supplies used by a business shall also be considered business personal property, but shall not include livestock, farm machinery, grain, and other agricultural crops in an unmanufactured condition.

Construction Work In Progress
Construction work in progress, which was previously assessed at 50% of its ultimate value before the equipment was placed in service, will now be taxed at its normal depreciated value, as determined by its life class , when it is placed in service.

Per Mo Revised Statute 137.122, property is placed in service when it is ready and available for a specific use, whether in a business activity, an income-producing activity, a tax-exempt activity, or a personal activity. Even if the property is not being used, the property is in service when it is ready and available for its specific use.
Computers & Peripheral Equipment
  • Central Processing Units
  • Check Swipes
  • Computerized Point of Sale Equipment
  • Computers
  • Credit / Debit Card Readers
  • Digital Cameras
  • Keyboards
  • Lottery Ticket Terminals
  • Modems
  • PBX Telephone Systems
  • Plotters
  • Printers
  • Scanners
  • Server Hubs
Consumer Utilized Equipment
  • Bill Change Machines
  • Juke Boxes
  • News Boxes
  • Pay Phones
  • Vending Machines
  • Video Game Machines
  • Washers and Dryers
Dies, Molds & Jigs
  • Assembly Fixtures and Jigs
  • Bottle Fixtures
  • Compression Molds
  • Injection Molds
  • Paper Dies
  • Plastic Extrusion Molds
  • Punch Dies
  • Threaded Dies
Furniture, Fixtures & Signs
  • Added Light Fixtures
  • Additional Electric and/or Plumbing for Machinery
  • Animal Cages
  • Back Bars
  • Beds
  • Benches
  • Billiard Tables
  • Book Cases
  • Cabinets
  • Chairs and Stools
  • Clean Rooms
  • Coat Racks
  • Cubicles and Partitions
  • Decorations and Artwork
  • Desks
  • Display Cases
  • End Tables
  • Exam Tables
  • Filing Cabinets
  • Lockers
  • Magazine Racks
  • Menu Boards
  • Modular Offices and Rooms
  • Podiums
  • Racks and Shelves
  • Reception Desks and Counters
  • Removable Walls
  • Shopping Carts
  • Signs
  • Sinks and Shampoo Bowls
  • Sofas
  • Tables and Restaurant Booths
  • Window Treatments (Blinds, Draperies, etc.)
Leasehold Equipment & Improvements
Improvements made to real estate by tenant, prior to 2006, that will be converted to their proper categories by 2011.

Do not include real property improvements such as paint, carpet, drywall, landscaping, plumbing, heating and cooling, etc.

Examples include:
  • Added Light Fixtures
  • Additional Electric and/or Plumbing for Machinery
  • Built-In Kitchen Equipment
  • Clean Rooms
  • Public Address / Intercom Systems
  • Removable Walls
  • Security / Alarm Systems
Machinery & Equipment
  • Bench Grinders
  • Bobcats
  • Bulldozers
  • Compressors and Air Tools
  • Concrete Forms
  • Concrete Batch Plants
  • Cranes
  • Electric / Manual Hand Tools
  • Fare Meters
  • Fitness Equipment
  • Forklifts
  • Ladders
  • Lathes
  • Lifts and Hoists
  • Mixing and Blending Equipment
  • Presses
  • Pumps
  • Underground Storage Tanks
Office Machines & Electronic, Video & Test Equipment
  • Adding Machines
  • Answering Machines
  • Calculators
  • Cameras
  • Cash Registers
  • DVD Players and Recorders
  • Electronic Diagnostic Equipment
  • Electronic Surveillance Equipment
  • Fax Machines
  • Overhead Projectors
  • Photo Processing Equipment
  • Photocopy Machines
  • Postage and Mailing Machines
  • Public Address / Intercom System
  • Radio Dispatch Equipment
  • Satellite Dishes
  • Scales
  • Security / Alarm Systems
  • Shredders
  • Stereo Equipment
  • Telephones and Switchboards (Noncomputerized)
  • Televisions
  • Typewriters
  • VCR's
  • Video Duplicating Equipment
Restaurant Equipment
  • Beverage Dispensers
  • Buffet Tables
  • Built-In Kitchen Equipment
  • Coffee Machines
  • Condiment Stands
  • Cookware
  • Cutlery
  • Dishwashers
  • Drinking Glasses and Mugs
  • Food Display Cases
  • Food Preparation Tables
  • Freezers
  • Ice Cream and Milk Shake Machines
  • Ice Makers
  • Kitchen Appliances
  • Microwave Ovens
  • Ovens and Ranges
  • Reach-In Coolers
  • Refrigerators
  • Serving Dishes
  • Steam Tables
Specialized Machinery
Machinery that is designed for only one product type or built specifically for a certain contract, at the end of which the machine is scrapped. This type of machinery usually has a short economic life.

Examples include:
  • Bottle Spin Trimmers
  • Medical Diagnostic Equipment
  • Robotic Welders
  • Semiconductor Machines