35 Miss. Code R. § 4-11-02-802
Current through June 25, 2024
Dealers owe no tax on the cost of property when withdrawn from inventory for lease or rental. Sales of property that has been rented or leased are taxable on the full sales price with no deduction allowed as a result of tax paid on rental or lease income.
35 Miss. Code. R. § 4-11-02-802