Home » Tag Archives: Mississippi Department of Revenue (page 2)

Tag Archives: Mississippi Department of Revenue

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 bill will decrease revenue by ...

Read More »

Coast casinos' revenues up, but riverboats continue to struggle

ACROSS MISSISSIPPI — Mississippi Gulf Coast casinos won a bit more from gamblers in February but that increase couldn’t overcome bigger revenue declines at casinos along the Mississippi River. Mississippi Department of Revenue figures show statewide casino revenue to $182 million in February, down fell 3 percent from 2013’s second month. Revenue has fallen in 18 of the last 20 ...

Read More »

Equifax asks U.S. Supreme Court to review DOR tax method ruling

Calling the Mississippi appeals process a virtual local lock for the state’s Department of Revenue, Equifax Credit Information Services has asked the U.S. Supreme Court to review last summer’s Mississippi Supreme Court decision upholding the method DOR used in taxing Equifax. In a Feb. 19 petition for certiorari, Equifax argues that the Mississippi tax appeals process all but ensures that ...

Read More »

UPDATED: State's Chamber disputes DOR’s costs estimate on business tax bills

A price tag of $7.5 million this year and $25 million next year accompany a pair of pro-business tax apportionment bills that have cleared Mississippi’s House and Senate with overwhelming support. The Republican-sponsored measures, HB 799 and SB 2487, force the Department of Revenue’s to justify basing a multistate company’s taxes on revenue generated in the state. The measure also ...

Read More »

DOR issues advisory to businesses on Jackson's new higher sales tax

The new City of Jackson 1 percent sales tax goes into effect March 1 and applies to activities subject to the 7 percent (or more) retail sales tax with certain exceptions, including most groceries. Businesses should begin collecting the 1 percent additional tax from their customers on March 1. The Mississippi Department of Revenue advises that it is important for ...

Read More »

UMMC’s Landmark purchase gets IHL nod

A sizable chunk of downtown Jackson’s vacant office space will soon move to the occupied side of the ledger with the University of Mississippi Medical Center’s planned purchase of the Landmark Center. The two-year-wait for an occupant for the 366,500 square-foot building at the corner of Capitol and Lamar streets ended Thursday with UMMC getting a green light from the ...

Read More »

Supervisors reject tennis club's resort status request

OXFORD — The Lafayette County Board for Supervisors has declined to endorse resort status for a tennis club that wants to serve alcohol. Barney Chadwick, general manager for the Goose Creek Club in Wellsgate, will now need to gather 100 signatures in support of the resort status from neighbors and submit his request to the Mississippi Department of Revenue. “We ...

Read More »

State's casinos see another month of falling revenue

ACROSS MISSISSIPPI — Mississippi casinos won less money from gamblers in September for the 13th month out of 15, as casinos along the Mississippi River continued to lag badly. Mississippi Department of Revenue figures show statewide casino revenue fell 4.4 percent from September 2012 to $170.2 million. The 12 coastal casinos won $88 million from gamblers, up 1.7 percent from ...

Read More »

City to ask state's permission for extend alcohol sales

OLIVE BRANCH — Officials have agreed to petition the state to extend hours in which alcohol may be sold at places like restaurants and bars in Olive Branch. The Commercial Appeal reports a majority of the Board of Aldermen voted yesterday night to make the hours of sales uniform, 7 a.m. to 1 a.m. seven days a week, for places ...

Read More »