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Tag Archives: Inventory tax

Bryant signing workers' comp, inventory tax bills into law

JACKSON — Gov. Phil Bryant says several new state laws could boost the state’s business climate, but opponents say the changes could hurt workers or take revenue away from state government. Republican Bryant is signing bills today to make changes in the workers’ compensation system and provide financial breaks for businesses paying the inventory tax. Critics say the workers’ comp ...

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State House passes inventory tax legislation

JACKSON — Businesses that pay inventory tax would get a financial break under a bill making its way through the Mississippi Legislature, where the issue has stalled in the past several years. Supporters say the plan could spur economic growth by helping small businesses keep more of their own money that they could use to create jobs. Opponents, however, say ...

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Inventory/franchise tax may falls between cracks again

Tax credit would equal 10 percent of the total inventory tax a business pays if general fund grows 5 percent For the past several legislative sessions, sitting at or near the top of almost every business association and trade group’s list of priorities has been the elimination of the inventory tax and the franchise tax.  Efforts to reach that end ...

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