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Tag Archives: tax

JOHN SCOTT — A strong statement that sends a message

I n the last few weeks, there have been several noteworthy developments in the tax world that have broad practical and policy application and merit further discussion because of their impact on taxpayers and our tax system overall. First, let’s start with the health care law and its raft of new taxes. The recent announcement that over eight million people ...

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Reeves talks shop with leaders of furniture industry

Mississippi’s second-highest elected official believes he knows exactly what the furniture industry needs to be profitable. The Magnolia State can better encourage capital investment through improved education, low taxes and balanced budgets, said Lt. Gov. Tate Reeves at Mississippi State’s Furniture Summit. At the gathering yesterday, Reeves spent more than half his keynote speech emphasizing the importance of education at ...

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Study: Mississippi has highest sales tax rate in U.S.

BERWYN, Pa. — According to the yearly sales tax rate study issued today by Vertex Inc., the number of sales and use tax rate changes in the U.S. for year 2013 was 609, up significantly from 2012 when there were 463 changes. The study found that Mississippi, along with Indiana, New Jersey, Rhode Island and Tennessee, have the highest sales ...

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Legislators pass new rules on methods of taxing out-of-state companies

By Ted Carter A bill to limit how and when the Mississippi Department of Revenue can use a market-based taxing method in calculating the tax bills of multistate businesses in the state passed the Legislature Tuesday morning. Legislators also put limits on the DOR’s authority to demand multistate companies provide combined tax returns. The DOR has insisted on authority to ...

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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 ...

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New law allows tax collectors, deputies to get pay raise

ACROSS MISSISSIPPI — Mississippi county tax collectors and deputy tax collectors could get pay boosts up to $6,500 a year. Gov Phil Bryant has signed Senate Bill 2505. It allows tax collectors and deputies to get a $2,000 yearly raise for completing a first stage of official training and another $2,000 raise for completing a second phase. If collectors complete ...

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Justice Department files complaint against tax preparer

CLINTON — The federal government has filed a complaint seeking to bar a Jackson-area tax preparer from preparing federal tax returns for others. The U.S. Department of Justice said that a civil injunction complaint was filed in the U.S. District Court for the Southern District of Mississippi against Kavivah Branson, also known as Kavivah Bradley, and her business, Branson Tax ...

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Palmertree blocked from using public funds for legal defense

VICKSBURG — Hinds County Chancery Court Judge Dewayne Thomas has ordered Warren County Circuit Clerk Shelly Palmertree to no longer use taxpayer money to pay for her attorneys’ fees, according to State Auditor Stacey Pickering. Thomas opined that he believes the action before the court is a personal action by Palmertree and not an action in the fulfillment of her ...

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Quitman legislator still carrying banner for abolishing business inventory tax

State Rep. William Shirley, owner of the Family Fish Camp restaurant in Quitman, expects he’ll be doing the same thing next year he’s doing this year: continuing his lonely campaign for phasing out Mississippi’s business inventory tax. Elected in 2011, the Republican representative for District 84 has introduced an inventory ad valorem tax phase out the last three years. As ...

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