Statutes, codes, and regulations
Mississippi Administrative Code
Title 35 - Department of RevenuePart 3 - Income and FranchiseSubpart 05 - Business Deductions General
Chapter 02 - Expenditures Attributable to Lobbying, Political Campaigns, Attempts to Influence Legislation, etc., and Certain Advertising
Section 35-3-05-02-105

35 Miss. Code. R. 3-05-02-105

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Current through January 14, 2025
Section 35-3-05-02-105

Expenditures for institutional or "good will" advertising which keeps the taxpayer's name before the public are deductible business expenses if the expenditures are related to the patronage the taxpayer might reasonably expect in the future.

35 Miss. Code. R. 3-05-02-105