35 Miss. Code R. § 3-08-03-102
Current through June 25, 2024
An S corporation having made a valid election for Federal income tax purposes must make a similar election for Mississippi income tax purposes. The granting of the election for Mississippi purposes is contingent upon the granting and approval of the election for Federal purposes. Such election shall be filed with the State Tax Commission within 60 days of the date filed for Federal purposes. The prescribed form shall contain, in addition to any required information, a consent statement from each shareholder of the corporation.
35 Miss. Code. R. § 3-08-03-102