35 Miss. Code R. § 3-08-06-401.04
Current through June 25, 2024
APPORTIONMENT OF INCOME. If the business activity in respect to any trade or business of a taxpayer occurs both within and without this state, and if by reason of such business activity the taxpayer in another state, portion of the net income (or net loss) arising from such trade or business which is derived from sources within this state shall be determined by apportionment in accordance with the further provisions of this regulation, where direct or separate accounting of net income or loss is not feasible.
35 Miss. Code. R. § 3-08-06-401.04