Audit: Missouri tax credits need better oversight
A state audit released Wednesday chided Missouri officials for poor oversight and inflated estimates of the economic benefits the state receives from a pair of business tax credit programs.
Audit faults lax oversight of Missouri’s tax credit programs
JEFFERSON CITY | A state auditor’s report released Wednesday faults Missouri’s Department of Economic Development for lax oversight of two tax-credit programs and inaccurate reporting on the programs’ economic impact. The department is not aggressive enough in verifying information submitted by companies receiving Enterprise Zone tax credits, the audit found.