35 Miss. Code. R. 3-02-03-103

Current through December 10, 2024
Section 35-3-02-03-103

Gains realized and recognized on the sale or exchange of a capital asset are treated, for Mississippi income tax purposes, as ordinary income and the total gain recognized on such sale must be included in gross income.

35 Miss. Code. R. 3-02-03-103

Amended 1/1/2020