35 Miss. Code. R. 3-02-06-101

Current through January 14, 2025
Section 35-3-02-06-101

The term "dividend" for the purpose of the Mississippi Income Tax Law means any distribution of property in the ordinary course of business, even though extraordinary in amount, made by a domestic or foreign corporation to its shareholders out of earnings and profit.

35 Miss. Code. R. 3-02-06-101

Adopted 1/1/2021