35 Miss. Code R. § 4-06-02-206
Current through June 25, 2024
Income received from the sale, rental, installation, maintenance or repair of tangible personal property is taxable at the regular retail rate of sales tax pursuant to Miss. Code Ann. Sections 27-65-17 and 27-65-23. Any merchandise given away or sold at a reduced amount as the result of signing a service contract, are not subject to use tax and are not treated as a withdrawal from inventory. Sales tax is due on the amount received from the customer.
35 Miss. Code. R. § 4-06-02-206