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57 chapters · 2,101 sections in this title.
Miss. Code Ann. § 27-7-26 Election by partnership, S corporation or similar pass-through entity to be taxed as electing pass-through entity
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(1) (a) For calendar year 2022, and for each calendar year thereafter, any partnership, S corporation or similar pass-through entity may elect to be taxed as an electing pass-through entity and pay the tax imposed under this chapter at the entity level. For the purposes of this s…
Miss. Code Ann. § 27-7-27 Estates and trusts
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(1) The tax imposed under the income tax laws of the State of Mississippi shall apply to the income of estates of any kind or property held in trust except:(a) That a trust forming part of a pension plan, stock bonus plan, disability or death benefit plan or profit-sharing plan o…
Miss. Code Ann. § 27-7-29 Organizations exempt from taxation; taxation of business income unrelated to tax exempt purposes of certain organizations
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(a) Except as otherwise provided in subsection (b) of this section, all income received by the following organizations shall be exempt from taxation under this article:(1) Fraternal beneficiary societies, orders or associations.(2) Mutual savings banks, domestic or foreign when o…
Miss. Code Ann. § 27-7-3 Definitions
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(a) When used in this article:(a) “Taxpayer” includes any individual, partnership, corporation, association, trust or estate, subject to a tax imposed hereunder, or whose income is, in whole or in part, subject to a tax imposed hereunder.(b) “Domestic,” when applied to any corpor…
