Skip to content
Home
>
News
>
Mississippi Legislature Passes Bills...

Mississippi Legislature Passes Bills That Should Provide Greater Certainty To Businesses

By: Magnolia Tribune - April 16, 2013

Mississippi Legislature Passes Bills That Should Provide Greater Certainty To Businesses

The Mississippi Legislature recently passed two bills that should provide greater certainty to businesses and spur economic development in the Magnolia State. House Bill 892, signed into law by Governor Phil Bryant on March 27, imposes a limitation on the amount of time that the Mississippi Department of Revenue can take to audit a taxpayer for income, franchise, or sales and use tax liability. House Bill 844, passed unanimously by the Mississippi Senate on March 31 and currently awaiting Governor Bryant’s signature, would exempt manufacturers from the sales tax on energy used for industrial purposes.


mondaq.com
4/15/13

About the Author(s)
author profile image

Magnolia Tribune

This article was produced by Magnolia Tribune staff.