Posts Tagged ‘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 […] [...]

Lawmakers pass new bill concerning DOR’s tax collections

JACKSON — Lawmakers are moving ahead with changes to tax collections that the state Department of Revenue warns could ultimately cost Mississippi more than $100 million a year. Supporters, though, say the department’s tax collection powers put taxpayers at an unfair disadvantage, especially after a recent state Supreme Court decision. They also dispute whether the […] [...]

New law allows tax collectors, deputies to get pay raise

ACROSS MISSISSIPPI — Mississippi county tax collectors and deputy tax collectors could get pay boosts up to $6,500 a year. Gov Phil Bryant has signed Senate Bill 2505. It allows tax collectors and deputies to get a $2,000 yearly raise for completing a first stage of official training and another $2,000 raise for completing a […] [...]

Justice Department files complaint against tax preparer

CLINTON — The federal government has filed a complaint seeking to bar a Jackson-area tax preparer from preparing federal tax returns for others. The U.S. Department of Justice said that a civil injunction complaint was filed in the U.S. District Court for the Southern District of Mississippi against Kavivah Branson, also known as Kavivah Bradley, […] [...]

Palmertree blocked from using public funds for legal defense

VICKSBURG — Hinds County Chancery Court Judge Dewayne Thomas has ordered Warren County Circuit Clerk Shelly Palmertree to no longer use taxpayer money to pay for her attorneys’ fees, according to State Auditor Stacey Pickering. Thomas opined that he believes the action before the court is a personal action by Palmertree and not an action […] [...]

Equifax seeks U.S. Supreme Court review of tax ruling by state’s high court

by Ted Carter Published: February 28,2014

Tags: Business, courts, Department of Revenue, Mississippi, tax

Atlanta’s Equifax Credit Services is asking the U.S. Supreme Court to review a Mississippi Supreme Court ruling that last summer went in favor of the state Department of Revenue and bumped Equifax’s annual tax bill from zero to more than $700,000. In a Feb. 19 petition for certiorari, Equifax argues that the Mississippi tax appeals […] [...]

Quitman legislator still carrying banner for abolishing business inventory tax

by Ted Carter Published: February 17,2014

Tags: Business, Legislature, Mississippi, tax

State Rep. William Shirley, owner of the Family Fish Camp restaurant in Quitman, expects he’ll be doing the same thing next year he’s doing this year: continuing his lonely campaign for phasing out Mississippi’s business inventory tax. Elected in 2011, the Republican representative for District 84 has introduced an inventory ad valorem tax phase out […] [...]

Hub City wants lawmakers to extend lodging tax

HATTIESBURG — Travelers stopping for the night in the city of Hattiesburg could continue to pay a 2 percent lodging fee until June 2018 if legislators act on city officials’ request. The Hattiesburg American reports the city council unanimously adopted a resolution, requesting that the Legislature amend the legislation that created the Hattiesburg Tourism Commission […] [...]

Lumber processor awarded tax exemption

by Associated Press Published: February 5,2014

Tags: Anderson-Tully Co., exemption, free port, incentive, lumber, tax

VICKSBURG — Anderson-Tully Co. will see an $826,869 drop in taxes after the company was given a “free port warehouse” exemption. Since 2003, the state has allowed counties to phase out the property tax levied on goods shipped out of state. The phase-in would be over 10 years to reduce the impact of the loss […] [...]

County loses revenue from pipeline, Section 42 housing

by Associated Press Published: February 4,2014

Tags: county government, Destin Pipeline, education, energy, Jackson County, pipeline, real estate, revenue, Section 42, tax

PASCAGOULA — Jackson County is taking an unexpected hit in revenue with a recent drop in the assessed value of a major pipeline and a loss in tax revenue from federally subsidized housing. The Sun Herald reports a state tax appeals board ruled in favor of the owners of the Destin Pipeline, and lowered its […] [...]

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