Find Legal Information

Chapter 7 - Income Tax and Withholding.

• 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 b
• 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
• 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.
• 27-7-23 - 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.
• 27-7-25 - 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• 27-7-47 - Repealed.
• 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.
• 27-7-71 - and 27-7-73. Repealed.
• 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.
• 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.
• 27-7-94 - 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.
• 27-7-107 - Contribution to Mississippi Bicentennial Celebration Fund from state income tax refund [Repealed effective January 1, 2019].
• 27-7-301 - Citation of article.
• 27-7-303 - Definitions.
• 27-7-305 - Withholding of tax; leased employees.
• 27-7-307 - Employer and certain persons owning stock of corporations or interest in limited liability companies with thirty-five or less owners liable for amounts required to be withheld.
• 27-7-308 - Withholding by buyer on gross proceeds realized by nonresident seller of real property; refund of excess withholding; filing with commission of federal information returns.
• 27-7-309 - Employer's return and payment of taxes withheld.
• 27-7-311 - Annual withholding statement.
• 27-7-312 - Certain withholding tax revenue to be deposited in Mississippi Advantage Jobs Incentive Payment Fund.
• 27-7-313 - Refund to taxpayer.
• 27-7-315 - Procedure where refund not made within six months; interest.
• 27-7-317 - Refunds to employer for overpayment.
• 27-7-319 - Declaration of estimated tax.
• 27-7-321 - Repealed.
• 27-7-323 - Amendment of declaration.
• 27-7-325 - Joint declaration; husband and wife.
• 27-7-327 - Underestimate of tax.
• 27-7-329 - Payment of estimated tax.
• 27-7-331 - Withholding tables; rules, regulations and forms.
• 27-7-333 - Employer's withholding account number.
• 27-7-335 - Employee required to furnish exemption certificate to employer.
• 27-7-337 - Method of payment.
• 27-7-339 - Withholding state income taxes of federal employees by federal agencies.
• 27-7-341 - Administration.
• 27-7-343 - Regulatory authority.
• 27-7-345 - Civil penalties for failure to file return or deficiency in payment of tax.
• 27-7-347 - Criminal penalties.
• 27-7-349 - Article 3 supplemental to Article 1.
• 27-7-501 - Declaration of purpose.
• 27-7-503 - Definitions.
• 27-7-505 - Remedy to be in addition to others available.
• 27-7-507 - Submission of debts by claimant agencies.
• 27-7-509 - Procedural requirements; fee.
• 27-7-511 - Hearing upon written application.
• 27-7-513 - Finalization of setoff; notice; refund.
• 27-7-515 - Forms; rules and regulations; agreements with other states.
• 27-7-517 - Furnishing information to claimant agency; confidentiality.
• 27-7-519 - Refund deemed granted upon exercise of setoff; return of monies improperly received by claimant agency.
• 27-7-601 - Definitions.
• 27-7-603 - Taxpayers past due taxes; State income tax refunds to be offset to federal government; Federal income tax refunds to be offset to Mississippi State Tax Commission; procedure.
• 27-7-701 - Definitions.
• 27-7-703 - Provision of additional remedy.
• 27-7-705 - Submission by claimant agency.
• 27-7-707 - Transfer of funds to claimant agency; notice to debtor.
• 27-7-709 - Hearings and appeals.
• 27-7-711 - Finalization of setoff; notice.
• 27-7-713 - Disclosure of information; confidentiality.
• 27-7-901 - Tax levied.
• 27-7-903 - Tax levied on certain amounts paid to patrons by gaming establishments not licensed under Mississippi Gaming Control Act.