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Tag Archives: Department of Revenue

Equifax appeals tax ruling to U.S. Supreme Court

WASHINGTON — The U.S. Supreme Court will consider June 26 whether to hear an appeal from credit bureau Equifax Inc. from what is considers an adverse tax ruling in Mississippi. Court officials say a decision could be announced shortly after the court conference. The appeal is a reaction to a 2013 Mississippi Supreme Court decision that Equifax had to prove ...

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Business tax bills seek limits on DOR in taxing options

Some members of the Mississippi Legislature fear last summer’s state Supreme Court ruling that bumped the one-year Mississippi tax bill of Atlanta’s Equifax Credit Information Services from zero to over $700,000 will tarnish the state’s “business friendly reputation.” To undo the perceived damage, two Republican-sponsored bills designed to make it harder for the state to assess taxes on multistate businesses ...

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Hearings at end, lawmakers start to craft budget

JACKSON — Now that budget hearings are over, Mississippi lawmakers face a long process of deciding how to spend tax dollars for fiscal 2015, which begins July 1. The 14 members of the Joint Legislative Budget Committee held four days of public hearings last week and quizzed agency leaders about how money is already being spent on programs large and ...

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New tax ruling could give Department of Revenue huge appeal advantage

A June 20 decision by the Mississippi Supreme Court in a tax dispute between Equifax Credit Information Services and the Mississippi Department of Revenue severely damages the rights of taxpayers, said an attorney who practices tax law. The dispute arose over the company’s tax liability to the state. Using the standard apportionment method, Equifax computed its tax liability as zero. ...

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Landmark offer $10 million higher than South Pointe’s

With a 20-year-lease offer of $48.5 million on the table, downtown Jackson’s Landmark Center held a clear lead in the competition to become the new headquarters of the Mississippi Department of Revenue. Rivals South Pointe Business Park in Clinton and Diversified Technologies complex in Ridgeland presented offers of $51.4 million and $53.4 million, respectively. But in the next phase of ...

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Department of Revenue workers thrilled with new home

Here’s proof that things can seem horribly bad one week and just peachy the next. On March 18, employees of the Mississippi Department of Revenue endured the ear-splitting sound of a hail onslaught banging on a tin roof and aluminum walls. Seven days later, they heard the wonderful words they’ve awaited for nearly two decades: “We’re moving.” With that announcement, ...

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Read March 29 issue of MBJ

WINNING Clinton snags Department of Revenue for old WorldCom site by Ted Carter SEMISOUTH CLOSES Starkville semiconductor company terminates operations by Wally Northway BEER After months of successful lobbying for brewing freedom, Raise Your Pints changes focus by Clay Chandler BIG GOSPEL Blackberry Records executive and entertainment lawyer talk about the past and future of gospel music by Stephen McDill JOHN ...

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Clinton's South Pointe wins Department of Revenue headquarters bid

Aggressive last-minute price cutting did the trick for Clinton’s South Pointe Business Park in the competition to become the new home of the Mississippi Department of Revenue, the state says. The selection came down to price, with representatives of the former WorldCom headquarters presenting a lease offer too attractive to pass up, said Kevin Upchurch, executive director of the state ...

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