35 Miss. Code R. § 3-08-06-303.02
Current through June 25, 2024
The extent of utilization of tangible personal property in a state is determined by multiplying the rents and royalties by a fraction, the numerator of which is the number of days of physical location of the property in this state during the rental or royalty period in the taxable year and the denominator of which is the number of days of physical location of the property everywhere during all rental or royalty periods in the taxable year.
35 Miss. Code. R. § 3-08-06-303.02