35 Miss. Code R. § 3-12-01-102
Current through June 25, 2024
If loans by an affiliated company or stockholder are determined to be a substitute for stock or paid in capital, all or a portion of the loan shall be added back to the franchise tax base so as to achieve a debt to equity ratio that reflects an adequately capitalized corporation.
35 Miss. Code. R. § 3-12-01-102