Help with Missouri Taxes

What’s weird is a I just did a similar deal for $159 a month, but on the lease paper work where is says “Monthly, sales, use or lease tax” it says NA. When o asked the finance guy about it he said nissan doesn’t collect taxes on leases currently. I have never heard of this, and definitely pay taxes on my other two leases. What’s the chances I am going to get a tax bill from nissan?

Which state are you in?

Missouri (mo)

How does MO tax leases?

There are at least three different ways leases can be taxed

  1. On the monthly payment
  2. Upfront on the lease cost
  3. Upfront on the selling price

Every lease I have done missouri taxes on monthly payment. Which is why I am concerned it not showing on my lease agreement

Also nissan financial has not been a big help

Do you have a tax credit from MO? Those can be applied towards leases I believe.
I have also been taxed on monthly payments in MO.

It looks like Missouri doesn’t have sales tax on leases, it has personal property tax. I would expect an annual personal property tax bill for the lease.

And the parts of the contract that itemize the DAS and the adjusted cap cost?