35 Miss. Code R. § 3-08-03-112.01
Current through June 25, 2024
An S corporation is allowed to file a composite return on behalf of its shareholders in very limited circumstances. A composite return is a return in which an S corporation pays the income tax due for some, or all, of its shareholders. The only shareholders who are eligible to be included in the composite return are nonresident shareholders without any activity in Mississippi other than that from the S corporation.
35 Miss. Code. R. § 3-08-03-112.01