The income of an investment trust shall be taxed as if the investment trust were a business corporation with the exception of the dividend deduction allowed an investment trust under Section 27-7-17. An investment trust shall be deemed a domestic corporation for purposes of the corporation franchise tax imposed by Sections 27-13-1 through 27-13-61, Mississippi Code of 1972.
How investment trust taxed
Miss. Code Ann. § 79-15-25, under Investment Trusts.
Miss. Code Ann. § 79-15-25