Posts Tagged ‘Sales Tax’

Mayor wants new sales tax for ‘Progress Hattiesburg’

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

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

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

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

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. […] [...]

Survey: State lost $616.5M in online sales taxes over last five years

ACROSS MISSISSIPPI — Mississippi lost at least $616.5 million in online sales tax collections during the five-year period from 2007 until 2012, a survey says. Mississippi and other states could soon have the option to collect sales taxes on Internet purchases if the U.S. Senate approves, as expected, the Marketplace Fairness Act, legislation that would […] [...]

City faces shortfall as tax collections continue to decline

COLUMBUS — Sales tax collections continue to lag behind last year’s revenue, raising questions about whether the city will have to amend its budget or dip into reserves to make up the difference. The Commercial Dispatch reports January revenue was reported at about $626,000, a drop of more than $24,000 from the same period in […] [...]

Municipal sales tax option legislation dies

JACKSON — Mississippi lawmakers have ignored, and killed, two bills that would have allowed cities to impose a local sales tax. Under the bills that died yesterday, cities could have held elections to see if citizens approved of an additional 1 percent tax for specific capital projects. If at least 60 percent of voters said […] [...]

House passes bill exempting sales tax on power, gasoline

JACKSON — Factory operators, farmers and fishermen could stop paying sales taxes on electricity and fuel, under a state House proposal. Representatives passed House Bill 844 by a 75-43 vote yesterday to exempt those groups from a 1.5 percent sales tax on fuel used in producing those industries’ products. It now goes to the Senate […] [...]

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