Statutes, codes, and regulations
Mississippi Administrative Code
Title 35 - Department of RevenuePart 3 - Income and FranchiseSubpart 05 - Business Deductions General
Chapter 01 - Business Deductions
Section 35-3-05-01-108

35 Miss. Code. R. 3-05-01-108

Download
PDF
Current through October 31, 2024
Section 35-3-05-01-108

The expenses must be ordinary, necessary and reasonable. To the extent that an expense is unreasonable, it is not necessary and will not be allowed as a deduction.

35 Miss. Code. R. 3-05-01-108