{"data":{"id":"us-mo/mo.-rev.-stat.-94.575","jurisdiction":"us-mo","citation":"Mo. Rev. Stat. § 94.575","heading":"Definitions.","body":"The following words, as used in sections 94.575 to 94.577, shall mean:\n(1) \"Capital asset\" or \"fixed asset\" , assets of a long-term character that are intended to continue to be held or used, including but not limited to land, buildings, machinery, furniture, and other equipment, including computer hardware and software;\n(2) \"Capital improvements\" , any capital or fixed asset having an estimated economic useful life of at least two years.","path":["Title VII - CITIES, TOWNS AND VILLAGES","Chapter 94 - Taxation in Other Cities"],"source_url":"https://revisor.mo.gov/main/OneSection.aspx?section=94.575","current_through":"2026 legislative session (floor)","vintage":"","retrieved_at":"2026-09-03T22:23:25Z","sha256":"799c771d89710fff245a95c9267ce4f0e038bc87a3431c4425f6d3f04a178003","source_id":"us-mo","stale":false,"prev":"us-mo/mo.-rev.-stat.-94.550","next":"us-mo/mo.-rev.-stat.-94.577"},"notice":"GroundRules: Original legal text. Not legal advice."}