Tag Archives: Mississippi Department of Revenue

Big dollars await states with cyber sales tax collections

October 30, 2011

0 Comments

You can bet a $300 million windfall would cheer up Mississippi’s Revenue Estimating Committee when it convenes this month to set estimates on state collections of taxes and fees. The $300 million is the National Conference of State Legislatures’ estimate on the amount of money Mississippi loses each year by not taxing certain online and […]

Continue reading...

Online sales tax collections would entail revamp of state system

October 30, 2011

0 Comments

Forcing online retail giants like Amazon and Overstock to collect sales taxes from customers would require a tradeoff that Mississippi is not yet prepared to make. On one hand, the state could gain in the neighborhood of $300 million annually. But on the other, it would need to revamp its sales tax system to meet […]

Continue reading...

Sales tax growth ‘very worrying,’ Ms. senior economist warns

October 16, 2011

0 Comments

That spring dip in both the national and Mississippi economy lingered in the Magnolia State through the summer, causing Mississippians to slow their retail spending. September spending showed a slight rise but still fell short of estimates. The state Department of Revenue reports sales tax revenues for July and August dropped below the same months […]

Continue reading...