Posts Tagged ‘Sales Tax’

Study: Mississippi has highest sales tax rate in U.S.

by MBJ Staff Published: April 16,2014

Tags: John Minassian, Sales Tax, sales tax rate, study, tax, Vertex Inc.

BERWYN, Pa. — According to the yearly sales tax rate study issued today by Vertex Inc., the number of sales and use tax rate changes in the U.S. for year 2013 was 609, up significantly from 2012 when there were 463 changes. The study found that Mississippi, along with Indiana, New Jersey, Rhode Island and […] [...]

Senate approves sales tax break for outdoor enthusiasts

JACKSON — The Senate has passed a sales tax holiday to encourage sportsmen to purchase firearms and hunting supplies in Mississippi. Lt. Gov. Tate Reeves says Senate Bill 2425 gives sports enthusiasts a sales tax break on firearms, ammunition, hunting supplies and fishing supplies purchased the first weekend of September. Louisiana has a similar holiday. […] [...]

Voters overwhelmingly approve new sales tax

by Associated Press Published: January 15,2014

Tags: Chokwe Lumumba, city government, City of Jackson, infrastructure, referendum, Sales Tax, vote, voter

JACKSON — City of Jackson voters have overwhelmingly approved a one percent sales tax in what city leaders hope will represent a turning point in their push to reverse decades of urban decay. With 97 percent of the precincts reporting yesterday evening, The Clarion-Ledger reports some 90 percent of voters had voted in favor of […] [...]

City council gives nod to sales tax for Progress Hattiesburg

HATTIESBURG — The Hattiesburg City Council lent its support to a bill that would provide a process for Mississippi cities to raise revenue through an optional sales tax that would be earmarked for infrastructure projects. The question is whether the Legislature will be interested in supporting the “Citizens for Economic Development Act.” The Hattiesburg American […] [...]

Mayor wants new sales tax for ‘Progress Hattiesburg’

by Associated Press Published: January 6,2014

Tags: city government, City of Hattiesburg, Johnny Dupree, mayor, Progress Hattiesburg, Sales Tax

HATTIESBURG — It may be too late for the 2014 wish list, but Hattiesburg Mayor Johnny DuPree said he is interested in revisiting the addition of a 1 percent sales tax that could provide the city as much as $10 million annually. That initiative, dubbed “Progress Hattiesburg,” failed to win the necessary approval from the […] [...]

City proposes sales tax to fix infrastructure woes

by Associated Press Published: December 2,2013

Tags: bridge, Chokwe Lumumba, city government, City of Jackson, infrastructure, road, Sales Tax, sewer, street, wastewater

JACKSON — The city of Jackson is proposing an increase in sales tax to bring in additional revenue for its crumbling infrastructure. WJTV reports Mayor Chokwe Lumumba held a town hall meeting last night to discuss the one percent increase and answer questions from the community. The mayor says the city needs an estimated $1.2 […] [...]

After three years, voters finally to weigh in on sales tax

by Associated Press Published: October 23,2013

Tags: budget, city, city government, City of Jackson, Jackson City Council, poll, Sales Tax, tax, tax hike, vote, voter, Voting

JACKSON — A local option sales tax that has sat on the books for three years finally will be offered to Jackson voters. The Clarion-Ledger reports the Jackson City Council yesterday voted to raise sales taxes one cent on every dollar, on the condition that voters approve in a referendum the higher rate By law, […] [...]

City sees rise in both sales and tourism taxes

PHILADELPHIA — Sales tax collections rose 2 percent during the fiscal year that ended June 30 in Philadelphia. The Neshoba Democrat reports the city took in more than $3.8 million during the period from July 1, 2012 to June 30, 2013. The total was an increase of more than $72,000 from the previous year. Tourism […] [...]

City looking at cutting services, workers due to overpaid taxes

by Associated Press Published: July 30,2013

Tags: Brandon, Butch Lee, city, city government, layoff, municipal, municipality, Sales Tax, state goverment, tax

BRANDON — Mayor Butch Lee says the city of Brandon may have to cut services and have layoffs in part from having to repay the state for sales taxes it overpaid the city. The state Department of Revenue says Brandon was overpaid about $1.5 million in sales taxes from 2010 to 2012, money collected from […] [...]

SCOTT: Several important post-April tax developments

by For the MBJ Published: June 14,2013

Tags: Bobby Jindal, HORNE LLP, John Scott, Mississippi Development Authority, Sales Tax, taxes

As another year’s tax day filing deadline came and went, several interesting, and potentially significant, tax-related developments surfaced that have a direct or indirect impact on us here in Mississippi. One development took place next door in Louisiana, another here, while the third emanates from Washington, D.C. First, in Baton Rouge in early April, Gov. […] [...]

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