35 Miss. Code R. § 4-02-02-401
Current through June 25, 2024
The transfer of property through the exchange or redemption of coupons, trading stamps or other thing of value is a transaction in which title of property passes and constitutes a taxable sale. The regular retail rate of tax applies to the stated value of the stamps or coupons or the retail value of the merchandise received, whichever is greater, regardless of whether redeemed by the store originally issuing the stamps or by a merchandise redemption center.
35 Miss. Code. R. § 4-02-02-401