35 Miss. Code R. § 3-02-01-102
Current through May 31, 2024
Dividends on corporate stock are subject to tax when unqualifiedly made subject to the demand of the shareholder. If a dividend is declared payable on December 31, and the corporation mailed the checks so that the shareholder would not receive them until January of the following year, the dividends are not considered to have been subject to the demand of the shareholders prior to January, when the checks were actually received.
35 Miss. Code. R. § 3-02-01-102