Posts Tagged ‘tax’

Motorists might pay more at the gas pump

JACKSON — A top lawmaker says Mississippi needs to increase its gasoline tax to pay for highway and bridge maintenance, but he concedes there’s little chance of it happening this year. House Transportation Committee Chairman Robert Johnson said 40 percent of Mississippi’s major roads and 28 percent of its highways are in poor or mediocre [...] [...]

Municipal sales tax option legislation dies

by Associated Press Published: February 28,2013

Tags: bill, city government, legislation, municipal, municipality, Sales Tax, state government, tax, taxpayer

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 [...] [...]

Tornado victims given more time to file state, federal taxes

by Associated Press Published: February 27,2013

Tags: assistance, damage, destruction, disaster recovery, Extension, filing, natural disaster, tax, taxpayer, tornado, Weather

FORREST COUNTY and LAMAR COUNTY — The IRS and Mississippi Department of Revenue have granted tax-filing extensions to victims of the destructive Feb. 10 tornado that hit the Hattiesburg area. The Hattiesburg American reports residents of Forrest and Lamar counties who were impacted by the tornado have until April 30 to file their taxes this [...] [...]

House passes numerous bills offering business tax breaks

by Associated Press Published: February 27,2013

Tags: bill, exemption, law, legislation, legislator, Legislature, state government, tax, tax break, taxpayer

JACKSON — The Mississippi House has approved tens of millions of dollars’ worth of tax breaks for businesses, but it’s unclear if the proposals will survive the Senate. A top budget writer, House Appropriations Committee Chairman Herb Frierson, estimated yesterday that the proposed tax breaks would be worth at least $50 million a year and [...] [...]

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 [...] [...]

County appeals decision to give casino tax money to city

CLARKSDALE — Coahoma County has appealed a judge’s order that it return to the city of Clarksdale about $62,000 collected in casino taxes. The Clarksdale Press Register reports the county filed the appeal Feb. 15, asking Circuit Judge Johnnie Walls to reverse his decision. In court documents, county attorney Tom Ross argues that Walls ruled [...] [...]

City officials offer tax breaks to two companies

SOUTHAVEN — Southaven has approved 10-year tax exemptions for two companies that will bring jobs to the city. The Commercial Appeal reports EXCEL and Creedence Holdings, doing business in the city as West Coast Novelty, received unanimous approval from the seven-member Board of Aldermen. Mayor Greg Davis said EXCEL would bring 127 jobs to the [...] [...]

Treasurer pitches cost-savings of Free File tax service

by MBJ Staff Published: February 20,2013

Tags: agency, computer, online, state government, tax, tax preparation, tax return, taxpayer, Treasurer

JACKSON — State Treasurer Lynn Fitch yesterday joined state officials and industry leaders to urge eligible Mississippians to use the Free File program to prepare and file their taxes for free. Mississippi is one of 22 states plus the District of Columbia that sponsors a state Free File program. “Because Free File helps taxpayers file [...] [...]

Mall developers just Bryant’s signature away from tax break

PEARL — The Mississippi House has given final approval to a bill that would provide sales tax rebates to the developer of an $80-million outlet mall scheduled to open in November in Pearl. Senate Bill 2806 passed the House 93-22 and heads to Republican Gov. Phil Bryant. It passed the Senate earlier. The bill would [...] [...]

Trial date set for casino’s tax-protest hearing

VICKSBURG — Ameristar Casino’s protests over Warren County property tax levies for 2012 and 2013 will be heard Oct. 14 in Warren County Circuit Court. The Vicksburg Post reports the separate lawsuits filed by the casino have been combined by Circuit Judge M. James Chaney. The Ameristar claims in the most recent of the two [...] [...]

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