35 Miss. Code R. § 4-10-01-302
Current through June 25, 2024
The tax is levied on contracts with the United States Government, the State of Mississippi and its political subdivisions and any other exempt agency, without any deduction for amounts paid to subcontractors, architects, engineers, landscapers or for any other costs or expenses (including the 31/2% contractor's tax) incurred by the contractor. Liquidated damages that are withheld by the owner are not to be included in taxable contract receipts.
35 Miss. Code. R. § 4-10-01-302