Statutes, codes, and regulations
Mississippi Administrative Code
Title 35 - Department of RevenuePart 3 - Income and FranchiseSubpart 05 - Business Deductions General
Chapter 06 - Net Operating Loss
Section 35-3-05-06-103

35 Miss. Code. R. 3-05-06-103

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Current through December 10, 2024
Section 35-3-05-06-103

A net operating loss incurred by any taxpayer prior to becoming subject to the jurisdiction of the Mississippi Income Tax Laws will not be allowed as a loss carryover deduction.

35 Miss. Code. R. 3-05-06-103