35 Miss. Code R. § 4-04-04-104
Current through June 25, 2024
Amounts received from the sale of coupons must be included in gross income of the photographer even though the agent making the sale retains the full amount of the coupon as his commission for having obtained a customer. If the customer fails to redeem the coupon and the amount paid is not refunded, the income received is taxable.
35 Miss. Code. R. § 4-04-04-104