137.010. The following words, terms and phrases when usedin laws governing taxation and revenue in the state of Missourishall have the meanings ascribed to them in this section, exceptwhen the context clearly indicates a different meaning:
(1) "Grain and other agricultural crops in anunmanufactured condition" shall mean grains and feeds including,but not limited to, soybeans, cow peas, wheat, corn, oats,barley, kafir, rye, flax, grain sorghums, cotton, and such otherproducts as are usually stored in grain and other elevators andon farms; but excluding such grains and other agricultural cropsafter being processed into products of such processing, whenpackaged or sacked. The term "processing" shall not includehulling, cleaning, drying, grating, or polishing;
(2) "Intangible personal property", for the purpose oftaxation, shall include all property other than real property andtangible personal property, as defined by this section;
(3) "Real property" includes land itself, whether laid outin town lots or otherwise, and all growing crops, buildings,structures, improvements and fixtures of whatever kind thereon,the installed poles used in the transmission or reception ofelectrical energy, audio signals, video signals or similarpurposes, provided the owner of such installed poles is also anowner of a fee simple interest, possessor of an easement, holderof a license or franchise, or is the beneficiary of aright-of-way dedicated for public utility purposes for theunderlying land; attached wires, transformers, amplifiers,substations, and other such devices and appurtenances used in thetransmission or reception of electrical energy, audio signals,video signals or similar purposes when owned by the owner of theinstalled poles, otherwise such items are considered personalproperty; and stationary property used for transportation ofliquid and gaseous products, including, but not limited to,petroleum products, natural gas, water, and sewage;
(4) "Tangible personal property" includes every tangiblething being the subject of ownership or part ownership whetheranimate or inanimate, other than money, and not forming part orparcel of real property as herein defined, but does not includehousehold goods, furniture, wearing apparel and articles ofpersonal use and adornment, as defined by the state taxcommission, owned and used by a person in his home or dwellingplace.
(1968) Leasehold interest held by private corporation in real estate owned by municipality is within definition of "real property", of this section and is taxable as real property and the exemption accorded the municipality from taxation on its real estate does not extend to a privately owned leasehold in that real estate. Iron County v. State Tax Commission (Mo.) 437 S.W.2d 665.
(1984) Billboards are within the definition of "structures, improvements and fixtures of whatever kind" and constitute real property for assessment and ad valorem property taxation. State ex rel. Thompson v. Osage Outdoor Advertising (Mo.App.), 674 S.W.2d 81.
(1984) Elements of a fixture are: Annexation to the realty, adaptation to the location, and intent of the annexor at the time of annexation. Oberjuerge Rubber Company v. State Tax Commission of Missouri (Mo.App.), 674 S.W.2d 186.
137.010. The following words, terms and phrases when usedin laws governing taxation and revenue in the state of Missourishall have the meanings ascribed to them in this section, exceptwhen the context clearly indicates a different meaning:
(1) "Grain and other agricultural crops in anunmanufactured condition" shall mean grains and feeds including,but not limited to, soybeans, cow peas, wheat, corn, oats,barley, kafir, rye, flax, grain sorghums, cotton, and such otherproducts as are usually stored in grain and other elevators andon farms; but excluding such grains and other agricultural cropsafter being processed into products of such processing, whenpackaged or sacked. The term "processing" shall not includehulling, cleaning, drying, grating, or polishing;
(2) "Intangible personal property", for the purpose oftaxation, shall include all property other than real property andtangible personal property, as defined by this section;
(3) "Real property" includes land itself, whether laid outin town lots or otherwise, and all growing crops, buildings,structures, improvements and fixtures of whatever kind thereon,the installed poles used in the transmission or reception ofelectrical energy, audio signals, video signals or similarpurposes, provided the owner of such installed poles is also anowner of a fee simple interest, possessor of an easement, holderof a license or franchise, or is the beneficiary of aright-of-way dedicated for public utility purposes for theunderlying land; attached wires, transformers, amplifiers,substations, and other such devices and appurtenances used in thetransmission or reception of electrical energy, audio signals,video signals or similar purposes when owned by the owner of theinstalled poles, otherwise such items are considered personalproperty; and stationary property used for transportation ofliquid and gaseous products, including, but not limited to,petroleum products, natural gas, water, and sewage;
(4) "Tangible personal property" includes every tangiblething being the subject of ownership or part ownership whetheranimate or inanimate, other than money, and not forming part orparcel of real property as herein defined, but does not includehousehold goods, furniture, wearing apparel and articles ofpersonal use and adornment, as defined by the state taxcommission, owned and used by a person in his home or dwellingplace.
(1968) Leasehold interest held by private corporation in real estate owned by municipality is within definition of "real property", of this section and is taxable as real property and the exemption accorded the municipality from taxation on its real estate does not extend to a privately owned leasehold in that real estate. Iron County v. State Tax Commission (Mo.) 437 S.W.2d 665.
(1984) Billboards are within the definition of "structures, improvements and fixtures of whatever kind" and constitute real property for assessment and ad valorem property taxation. State ex rel. Thompson v. Osage Outdoor Advertising (Mo.App.), 674 S.W.2d 81.
(1984) Elements of a fixture are: Annexation to the realty, adaptation to the location, and intent of the annexor at the time of annexation. Oberjuerge Rubber Company v. State Tax Commission of Missouri (Mo.App.), 674 S.W.2d 186.
137.010. The following words, terms and phrases when usedin laws governing taxation and revenue in the state of Missourishall have the meanings ascribed to them in this section, exceptwhen the context clearly indicates a different meaning:
(1) "Grain and other agricultural crops in anunmanufactured condition" shall mean grains and feeds including,but not limited to, soybeans, cow peas, wheat, corn, oats,barley, kafir, rye, flax, grain sorghums, cotton, and such otherproducts as are usually stored in grain and other elevators andon farms; but excluding such grains and other agricultural cropsafter being processed into products of such processing, whenpackaged or sacked. The term "processing" shall not includehulling, cleaning, drying, grating, or polishing;
(2) "Intangible personal property", for the purpose oftaxation, shall include all property other than real property andtangible personal property, as defined by this section;
(3) "Real property" includes land itself, whether laid outin town lots or otherwise, and all growing crops, buildings,structures, improvements and fixtures of whatever kind thereon,the installed poles used in the transmission or reception ofelectrical energy, audio signals, video signals or similarpurposes, provided the owner of such installed poles is also anowner of a fee simple interest, possessor of an easement, holderof a license or franchise, or is the beneficiary of aright-of-way dedicated for public utility purposes for theunderlying land; attached wires, transformers, amplifiers,substations, and other such devices and appurtenances used in thetransmission or reception of electrical energy, audio signals,video signals or similar purposes when owned by the owner of theinstalled poles, otherwise such items are considered personalproperty; and stationary property used for transportation ofliquid and gaseous products, including, but not limited to,petroleum products, natural gas, water, and sewage;
(4) "Tangible personal property" includes every tangiblething being the subject of ownership or part ownership whetheranimate or inanimate, other than money, and not forming part orparcel of real property as herein defined, but does not includehousehold goods, furniture, wearing apparel and articles ofpersonal use and adornment, as defined by the state taxcommission, owned and used by a person in his home or dwellingplace.
(1968) Leasehold interest held by private corporation in real estate owned by municipality is within definition of "real property", of this section and is taxable as real property and the exemption accorded the municipality from taxation on its real estate does not extend to a privately owned leasehold in that real estate. Iron County v. State Tax Commission (Mo.) 437 S.W.2d 665.
(1984) Billboards are within the definition of "structures, improvements and fixtures of whatever kind" and constitute real property for assessment and ad valorem property taxation. State ex rel. Thompson v. Osage Outdoor Advertising (Mo.App.), 674 S.W.2d 81.
(1984) Elements of a fixture are: Annexation to the realty, adaptation to the location, and intent of the annexor at the time of annexation. Oberjuerge Rubber Company v. State Tax Commission of Missouri (Mo.App.), 674 S.W.2d 186.
