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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 ...

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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 ...

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MDEQ: Claim of incomplete permit review for silicon plant a ‘guise’ by competitor

JACKSON, Mississippi — The head of the Mississippi Department of Environmental Quality says an Alabama silicon manufacturer’s claim the state agency erred in granting an operating permit to competitor Mississippi Silicon Metals lacks merit. Selma-based Alabama Globe Metallurgical Inc. has asked for a formal evidentiary hearing before the MDEQ’s Permit Board. Trudy Fisher, MDEQ executive director, is not inclined to ...

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Remington locked & loaded for announcement of Huntsville, Ala., factory

Gunmaker Remington Outdoor Co. will soon announce plans to open a major manufacturing operation in Huntsville, according to multiple reports. Ty West, managing editor of the Birmingham Business Journal, reported Saturday on a story in Military Times that said Remington executives are expected to sign a deal on Monday to purchase a 500,000-square-foot facility in Huntsville. The report said Alabama’s reputation ...

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Bill's demise ends state pot sweeteners for retail development

Mississippi’s tourism tax development incentives failed to gain enough legislative support for renewal this week and will expire July 1, ending the state’s practice of awarding tens of millions of dollars as incentives for development of shopping malls and retail plazas. The Mississippi Development Authority so far has awarded up to $155 million in potential subsidies for three shopping malls ...

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Tennessee legislators threaten VW's incentives over company's stance on union vote

The crusade by anti-union forces in Tennessee, including the state’s governor, is now as much a fight with Volkswagen management as with the United Auto Workers union, the Detroit Free Press reports. Not only are Republican legislators accusing Volkswagen of backing the UAW, but some of their leaders on Monday threatened to withhold tax incentives for future expansion of the ...

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Competitor of Miss. Silcon wants new review of Burnsville plant's emissions permit

SELMA, Alabama – An Alabama competitor of Mississippi Silicon Metals LLC has filed a petition to challenge the Mississippi Environmental Quality Permit granted for the company’s $200 million “greenfield” plant in Tishomingo County’s Burnsville. Globe Metallurgical, Inc. (GMI), which employs about 100 people at its silicon metal plant in Selma, filed the petition. GMI is one of North America’s largest ...

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Bills to constrain taxing methods on multi-state companies progress in Legislature

JACKSON, Mississippi – 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 ...

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