Article 1 - Income Tax.
- § 27-7-1. Citation of article
- § 27-7-3. Definitions
- § 27-7-5. Imposition of the tax
- § 27-7-7. Tax a debt
- § 27-7-9. Gain or loss on disposition of property
- § 27-7-11. Inventories
- § 27-7-13. Net income defined
- § 27-7-15. Gross income defined
- § 27-7-16. Gross income; treatment of employees’ pension trusts, tax-sheltered annuities, deferred compensation plans, self-employed retirement plans, and individual retirement accounts or retirement bonds
- § 27-7-17. Deductions allowed
- § 27-7-18. Adjustments to gross income; alimony payments; unreimbursed moving expenses; payments for medical insurance by self-employed individuals; contributions to MACS program account; unreimbursed expenses related to donation of organ by living donor
- § 27-7-19. Items not deductible
- § 27-7-20. Casualty losses of individuals
- § 27-7-21. Exemptions allowed
- § 27-7-22. Tax credits for qualified businesses
- § 27-7-22.3. Credit for employees who pay job assessment fee; credit against state income taxes for authorized companies
- § 27-7-22.3. Credit for employees who pay job assessment fee; credit against state income taxes for authorized companies
- § 27-7-22.3. Credit for employees who pay job assessment fee; credit against state income taxes for authorized companies
- § 27-7-22.5. Income tax credit for manufacturers, distributors and wholesale or retail merchants for ad valorem taxes paid on commodities, raw materials, works-in-process, goods, wares and merchandise held for resale; income tax credit for individual, firm or corporation for ad valorem taxes on rental equipment
- § 27-7-22.7. Income tax credit for charges for using certain public port facilities
- § 27-7-22.9. Income tax credit for charges for using certain public port facilities; annual report regarding impact of § 27-7-22.7
- § 27-7-22.11. Tax credit under Venture Capital Act of 1994
- § 27-7-22.13. Financial institution; credit; net gain
- § 27-7-22.15. Income tax credit for approved reforestation practices
- § 27-7-22.16. Income tax credit for remediation costs incurred at brownfield agreement site
- § 27-7-22.17. Job tax credit for permanent business enterprises operating certain projects that create at least 3,000 new full-time jobs
- § 27-7-22.18. Job tax credit for business enterprises owning or operating certain projects that create at least 450 new full-time jobs
- § 27-7-22.19. Job tax credit for integrated suppliers located on the site of certain projects
- § 27-7-22.20. Investment tax credit for business enterprises owning or operating certain projects with an initial capital investment of at least $600,000,000
- § 27-7-22.21. Income tax credit for donations of land or interest in land considered priority site for conservation under Mississippi Natural Heritage Program or adjacent to and along a stream fully nominated to Mississippi Scenic Streams Stewardship Program
- § 27-7-22.22. Income tax credit for use of taxpayer’s land as natural area preserve, wildlife refuge, etc. or for public outdoor recreational opportunities
- § 27-7-22.23. Income tax credit for utilization of port facilities at state, county and municipal ports for import of cargo
- § 27-7-22.24. Mississippi Development Authority to report annually on the impact of the income tax credit granted in § 27-7-22.23
- § 27-7-22.25. Income tax credit for utilization of airport facilities at public airports for export or import of cargo
- § 27-7-22.26. Mississippi Development Authority to report annually on the impact of the income tax credit granted in § 27-7-22.25
- § 27-7-22.27. Income tax job credit for certain business enterprises in areas within municipalities certified as economically distressed communities; definitions; designation as economically distressed community; certification of status; amount of tax credit; eligibility
- § 27-7-22.28. Job tax credit for certain producers of alternative energy definitions
- § 27-7-22.29. Job tax credit for certain producers of alternative energy — general provisions
- § 27-7-22.30. Manufacturing investment tax credit for manufacturing enterprises that have operated in Mississippi for not less than two years
- § 27-7-22.31. Income tax credit for certain costs and expenses in rehabilitating eligible property certified as a historic structure or structure in a certified historic district; recapture of credit; applicability of section
- § 27-7-22.32. Income tax credit for certain qualified adoption expenses
- § 27-7-22.32. Income tax credit for certain qualified adoption expenses
- § 27-7-22.33. Income tax credit for certain long-term care insurance policy premiums; limitations
- § 27-7-22.34. Qualified business or industry allowed job tax credit for certain new full-time employee jobs; duration of credits; requirements; carrying forward credit
- § 27-7-22.35. Investment tax credit for enterprises owning or operating certain electric and thermal energy producing facilities
- § 27-7-22.36. Job tax credit for enterprises owning or operating an upholstered household furniture manufacturing facility for each full-time employee employed in new cut and sew job
- § 27-7-22.37. Income tax credit for qualified prekindergarten program support contributions
- § 27-7-22.39. Income tax credit for voluntary cash contributions to qualifying charitable organizations; separate income tax credit for voluntary cash contributions to qualifying foster care charitable organizations
- § 27-7-22.40. Job tax credit for certain full-time jobs created in Mississippi by water transportation enterprises
- § 27-7-22.41. Tax credit for certain business enterprises making voluntary cash contributions to eligible charitable organizations
- § 27-7-23. Net income of nonresident and foreign taxpayers
- § 27-7-24. Allocation and apportionment of income of financial institution with taxable activities within and without state
- § 27-7-24.1. Allocation and apportionment of income of financial institution with taxable activities within and without state; definitions
- § 27-7-24.3. Allocation and apportionment of income of financial institution with taxable activities within and without state; receipts factor
- § 27-7-24.5. Allocation and apportionment of income of financial institution with taxable activities within and without state; property factor
- § 27-7-24.7. Allocation and apportionment of income of financial institution with taxable activities within and without state; payroll factor; compensation; employee services
- § 27-7-24.8. Allocation and apportionment of income of major medical or pharmaceutical supplier of Mississippi distribution facility with taxable activities within and without state
- § 27-7-24.9. Allocation and apportionment of income of major medical laboratory service business with taxable activities within and without state
- § 27-7-25. Partnerships
- § 27-7-27. Estates and trusts
- § 27-7-29. Organizations exempt from taxation; taxation of business income unrelated to tax exempt purposes of certain organizations
- § 27-7-30. Qualified business or industry exempt from taxation on income arising from certain projects developed under Mississippi Major Impact Act; requirements; reduction of amount of exemption
- § 27-7-31. Returns of income tax; individual returns
- § 27-7-33. Partnership returns; taxable year
- § 27-7-35. Fiduciary returns; taxable year; excess income carryover
- § 27-7-37. Corporate returns
- § 27-7-39. Information at source
- § 27-7-41. Time and place for filing returns
- § 27-7-43. Returns for period less than twelve months
- § 27-7-45. Time for payment of tax or child support; effect of state officer’s or employee’s failure to pay; payment by check; manner of payment by corporation subject to LIFO recapture
- § 27-7-47. Free online income tax preparation and filing services for certain taxpayers
- § 27-7-49. Examination of returns
- § 27-7-50. Extension of time to file return
- § 27-7-51. Additional taxes or refunds
- § 27-7-53. Delinquent taxes; failure to file return
- § 27-7-55. Collection of tax; enrolling judgment
- § 27-7-57. Warrant for collection of tax
- § 27-7-59. Jeopardy assessment and warrant
- § 27-7-61. Execution by sheriff or special agent; fees; disposition of property
- § 27-7-63. Commissioner may bid at sales
- § 27-7-65. Alias executions
- § 27-7-67. Sheriff and special agent not personally liable
- § 27-7-69. Tax upon settlement of fiduciary’s account
- § 27-7-75. Receipts for taxes
- § 27-7-77. Credit for income taxes paid
- § 27-7-79. Administration of article
- § 27-7-81. Regulatory authority
- § 27-7-83. Confidentiality of reports and returns; release of certain information under certain circumstances
- § 27-7-85. Community property not recognized
- § 27-7-87. Penalties
- § 27-7-88. Contribution to Mississippi Burn Care Fund from state income tax refund; additional contribution at time of filing tax return authorized
- § 27-7-89. Contribution to Mississippi Educational Trust Fund from state income tax refund
- § 27-7-90. Contribution to Mississippi Commission for Volunteer Service Fund from state income tax refund
- § 27-7-91. Designation of contributions to Mississippi Wildlife Heritage Fund on income tax returns
- § 27-7-93. Transfer to Wildlife Heritage Fund of contributions designated on tax returns; expenditures
- § 27-7-93.1. Contribution to Mississippi Wildlife, Fisheries and Parks Foundation from state income tax refund
- § 27-7-94. Contribution to Mississippi Military Family Relief Fund from state income tax refund
- § 27-7-95. Limitations on allowances of losses from sales or exchanges of capital assets
- § 27-7-97. Capital loss carrybacks and carryovers
- § 27-7-99. “Capital asset” defined
- § 27-7-101. Other definitions relating to capital gains and losses
- § 27-7-103. Applicability of provisions of Internal Revenue Code relating to capital losses
- § 27-7-105. Penalty on underpayment of taxes attributable to fraud
