35 Miss. Code. R. 4-10-01-302
Current through January 14, 2025
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 three and one-half percent (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