6 Miss. Code. R. 1-11.8
Current through December 10, 2024
MDA, with the assistance of the Mississippi Department of Revenue, will determine the amount of sales tax collected at the tourism-oriented enterprise that may be diverted to the applicant. The amount of Rebate payments will be equal to 80¢ of the amount of sales tax revenue collected from businesses owned by the project. These payments will be limited to 30¢ of the approved project costs funded from private sources or for a rebate term of ten (10) years for projects approved on or before June 30, 2013 and up to fifteen (15) years for projects approved on or after July 1, 2013, whichever threshold occurs first.
6 Miss. Code. R. 1-11.8